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Crypto

XRP Whales Buy Big, Stabilize Price Amid ETF Outflows

Guavy AI Editorial Team
Instruments
XRP
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XRP whales have been on a buying spree, accumulating over 72 million coins at $1. This move has offset the decline in institutional interest in XRP, as its ETFs' net assets fell below $1 billion.

The whales' accumulation is stabilizing XRP's price near the $1 support line, preventing further declines despite ETF outflows.

This trend suggests that experienced holders are confident in XRP's value at this level, maintaining market stability amid reduced ETF inflows.

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