Ripple Price Surges 6.5% as XRP-Based ETF Inflows Reach New High

Ripple's price surged by over 6.5% on September 25, bouncing back from yesterday's slump to under $1.50.

The cross-border token's rebound was driven in part by continued inflows into the XRP-based spot ETFs, which attracted a cumulative net of over $1.76 billion since their inception.

Whale activity also contributed to the price increase, with large market participants acquiring over 1.5 billion tokens in 96 hours last week.

Short liquidations on the XRP/USD trading pair reached a substantial 45% on the 4-hour chart, potentially leading to a deeper short squeeze as traders close their positions and buy tokens to cover losses.