Bitwise made a significant purchase of over $19 million worth of XRP in a single trading session. This move highlights Bitwise's role as a key driver behind the inflows into XRP-related ETFs. The large acquisition could signal growing institutional interest in XRP, potentially impacting its market momentum and investor confidence going forward.
XRP trades at Rp26.599 on Pluang, down 6.53% as of Sep 24, 2026 08:31 WIB, showing notable volatility despite Bitwise's large $19 million purchase. The market cap stands at Rp1.690,71 trillion with a 24-hour volume of Rp135,62 trillion, while Pluang users show a 56% sell and 44% buy split. This trading activity provides a snapshot of XRP's current market dynamics amid growing institutional interest highlighted in the news.
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XRP's one-week options skew for calls over puts rose to 9.3 volatility points, placing it in the 95th percentile and indicating strong demand for call options. This shift follows an 18% price increase over seven days, with traders paying higher premi...
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