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Ripple's XRP drops to $1.02 amid leveraged sell-offs; ETF demand tightens supply but spot buying lags.

Market News
27 Jun 2026, 19:00 WIB
AMBCrypto
View Source
Neutral
Ripple's XRP drops to $1.02 amid leveraged sell-offs; ETF demand tightens supply but spot buying lags.

Ripple's XRP price fell to $1.02, its lowest since early February, after leveraged traders faced $9 million in liquidations, mainly on Binance. This forced selling reduced speculative pressure and lowered open interest on major exchanges, potentially stabilizing volatility. Meanwhile, XRP ETF inflows increased holdings by nearly 10%, tightening available supply, but broader spot market demand remains weak, keeping prices under pressure. Future recovery depends on fresh spot buyers entering the market alongside ongoing ETF accumulation.

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