XRP Tumbles Below $1 Amid Paradoxical Forces
XRP has fallen below $1, marking a level it had defended since late 2024. This drop represents more than a 5% decrease over one month, unlike Bitcoin, Ethereum, and Solana.
Behind this weakness lies a paradox: long-term investors are massively accumulating XRP, while derivatives markets intensify selling pressure and flows to ETFs have sharply dried up.
Two opposing forces now clash around XRP, with the token's next move potentially determined by their duel. The number of wallets holding at least 1 million XRP has grown by 32 in three months, taking advantage of the drop to accumulate.