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XRP loses $6B in a week despite $50B transaction surge, ETFs see first outflow in months

Market News
19 Oct 2026
Finbold
View Source
Bearish
XRP loses $6B in a week despite $50B transaction surge, ETFs see first outflow in months

XRP's market value dropped by nearly $6 billion over seven days, falling 6.61% amid a whale selloff despite a spike in daily transaction volume to almost $50 billion on October 19, 2026. U.S. XRP spot ETFs recorded their first weekly outflow in nearly four months, reversing 13 weeks of inflows, with $1.84 million withdrawn last week. The token recently retested a key support level around $1.30 after a 20% correction over four weeks, and analysts suggest the correction may have ended, signaling a potential rebound. However, sustained recovery depends on renewed demand from U.S. XRP ETFs.

XRP's market value drop is the focus, with Pluang market data as of Oct 19, 2026 19:41 WIB showing a mixed US stock market breadth: 77 of 150 priced US stocks rose while 70 fell. Notable gainers include QCOM at USD 176.53 (+2.57%), NOK at USD 9.36 (+2.41%), and TSM at USD 422.41 (+2.38%). The most notable figure is QCOM's typical hold time on Pluang of 87 days.

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