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XRP falls to $1.18 amid whale selling and ETF outflows, hitting a four-month low.

Market News
04 Jun 2026
Crypto news
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Bearish
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XRP dropped to around $1.18 after losing key support and hitting a fresh four-month low, pressured by a broad crypto market selloff. Large holders, or whales, sold or redistributed 60 million XRP in the past week, adding to the downward momentum. XRP ETFs, which had seen strong inflows in May, recorded net outflows recently, signaling weakening demand. Analysts watch support levels at $1.14, $1.10, and $0.84, with technical indicators pointing to continued short-term weakness unless XRP rebounds above $1.24.

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