XRP Price Pullback Amid Whale Outflows and Growing Institutional Buying Pressure
XRP's price pulled back 7% to $1.40 after surging 53% in the previous week, sparking questions about its next move.
However, large whale outflows from Binance reached a six-month high of 231 million XRP withdrawn, suggesting possible market manipulation or accumulation.
In contrast, XRP ETFs saw $28 million in net inflows, indicating growing institutional buying pressure.
This mix of whale activity and ETF inflows points to potential accumulation, which could support XRP breaking above $1.50 and starting a new bullish phase if buying continues.