XRP Sees Record Net Inflows as Market Analyst Warns of Price Sensitivity
XRP has seen a significant surge in net inflows, reversing recent outflows that had weighed on its price. According to XRP market analyst Zach Rector, $28.96 million in net inflows were observed over three consecutive days, not including additional inflows on the morning of his report.
Rector calculated a 358X market cap multiplier for XRP, indicating the asset's pronounced price sensitivity to capital movement. This means that XRP's market cap could change sharply with relatively small capital flows.
Following the initial drawdown, the market showed signs of stabilization, with XRP recording $23.78 million in net inflows on September 15, followed by $2.92 million on September 16 and $2.26 million on September 17.