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XRP briefly dips below $1 amid ETF outflows and growing large wallet holdings

Market News
13 Nov 2026, 07:21 WIB
CryptoTicker
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Neutral
XRP briefly dips below $1 amid ETF outflows and growing large wallet holdings

XRP's price briefly fell below $1, hitting a low of $0.9998, driven by $18 million outflows from US XRP ETFs over two days despite a growing number of large XRP wallets. While institutional fund investors are withdrawing, large holders have been accumulating XRP for nine months, creating a mixed signal for price direction. The $1 level remains a key support, with potential recovery targets at $1.10 to $1.15 if the level holds, but a break below $0.985 could lead to further declines. Overall market weakness, including Bitcoin's drop below $70,000, adds downward pressure on XRP's price.

The recent tug-of-war between XRP whale wallets and ETF outflows is mirrored in its current trading on Pluang. As of Nov 13, 2026, 12:31 WIB, XRP trades at Rp18,423 with a 1-day decline of 2.35%. Market activity shows a balanced interest with 56% buy orders and 44% sell orders, while typical holders keep XRP for about 73 days, indicating steady investor engagement despite recent volatility.

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