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Social media turns bearish on Ether and XRP despite large token accumulations and outflows.

Market News
02 Oct 2026
Tokenpost
View Source
Neutral
Social media turns bearish on Ether and XRP despite large token accumulations and outflows.

Social media sentiment for Ether (ETH) and XRP has become notably bearish, with the ratio of bullish to bearish comments dropping to the lowest levels in months—0.89 for Ether and 0.67 for XRP. However, on-chain activity tells a different story: Ethereum whales have accumulated 60,000 ETH worth about $162 million in the past week, and XRP has seen daily outflows exceeding 320 million tokens from major exchanges like Binance and Coinbase. Historically, similar XRP outflow spikes have preceded significant price gains, suggesting a potential disconnect between social media sentiment and actual market behavior.

Despite bearish social media sentiment for Ether and XRP, both assets show positive price movements on Pluang as of Oct 02, 2026 17:42 WIB. Ethereum trades at Rp49.209.807 with a 1-day gain of 2.06%. XRP is up 4.06% at Rp27.664, with a majority of Pluang users buying rather than selling these tokens.

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