Crypto
Bitrue Sees 212% XRP Buying Surge Amid $3.8B Bitcoin ETF Outflows
XRP spot purchase volumes on Bitrue skyrocketed by 212% between Feb. 23 and Feb. 24, exceeding sell-side activity by more than two times.
The surge in buying pressure follows a volatile phase for the broader crypto market and marks one of the largest short-term increases in XRP spot accumulation on the platform in recent months.
Investors have withdrawn close to $3.8 billion from U.S.-listed spot Bitcoin (BTC) exchange-traded funds over a five-week stretch, marking the most prolonged run of outflows since February 2025.