XRP Whales Buy 72M Tokens as Price Holds Above $1

XRP's price held above $1 despite briefly dipping below it, as whales and institutional investors bought over 72 million tokens in a short period. This buying activity increased whale holdings, signaling potential price recovery.

According to recent data, XRP ETF inflows turned positive after four days of inactivity, led by Bitwise with $2.25 million daily net inflow. Morgan Stanley also revealed $1 million exposure through XRP ETFs.

The $1 support level has held multiple times, suggesting a possible bottom forming if buying continues. However, bearish momentum indicators warn the downtrend could extend if support breaks.