Whale transfers of XRP on Binance have sharply declined, with inflows dropping to about 3.6 million XRP monthly, the lowest on record. This reduction in large transactions has eased selling pressure, helping XRP hold above $1.04 despite a 72% drop from its peak of $3.66. Retail transfers remain active but lack the volume to move the market significantly. Traders are watching the $1.12 level as the next key resistance that could signal a stronger recovery or a fallback to support around $1.04.
Several U.S. wealth advisers, including Gerber and Gallacher Capital Management, have recently disclosed new positions in XRP exchange-traded funds (ETFs), signaling growing institutional interest. These advisers hold shares in Franklin and Canary XR...
Bitcoin and Ethereum saw modest price increases while their combined market dominance slightly declined, signaling a potential rotation of capital into major altcoins like BNB, Solana, and XRP. Despite a cautious market tone and a drop in derivatives...
Evernorth Holdings, preparing for its Nasdaq listing under the ticker XRPN, disclosed executive pay with 50% target bonuses and multimillion-dollar equity awards. Despite a $38 million impairment loss due to XRP price drops, the company holds 473 mil...
XRP and Solana spot ETFs attracted modest net inflows, signaling selective investor interest in these altcoins despite a broader market slowdown. XRP ETFs gained nearly $6 million over two sessions, with significant assets under management representi...
XRP's price remains range-bound due to a sharp drop in large whale transfers and Binance inflows, signaling reduced selling pressure but also weak buying demand. Large holders appear to be preserving liquidity rather than actively accumulating or dis...
