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XRP ETF inflows plunge from $60M to zero amid market volatility and leveraged position losses.

Market News
28 May 2026
Benzinga
View Source
Bearish
pluang ai news

XRP ETF inflows sharply declined from $60.5 million in mid-May to zero by May 27, triggered by a breakdown from a descending triangle pattern that wiped out $18.18 million in leveraged long positions. This rapid drop reflects a broader cooling in altcoin interest as crypto markets face volatility. Despite the sell-off, large traders remain predominantly long, suggesting institutional confidence, while retail investors lean short. Technical indicators remain bearish, and XRP must reclaim key moving averages to confirm a reversal; failure could lead to further price declines toward $1.15-$1.20.

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