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XRP Stuck Near $1 as Whale Buying Fails to Boost Price

Guavy AI Editorial Team
Instruments
BNB XRP
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XRP has been struggling to maintain its price above $1, despite large investors accumulating more XRP. Whale wallets holding at least 1 million XRP have increased, and exchange deposits dropped significantly, indicating reduced selling from long-term holders.

However, weak institutional demand is evident as spot XRP ETFs show minimal inflows, and trading data reveals persistent selling pressure.

XRP's future price movement depends on renewed institutional interest and stronger buying activity on exchanges like Binance.

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