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XRP hits 4-month low despite record $118M ETF inflows, showing price and institutional demand divergence.

Market News
03 Jun 2026
Tokenpost
View Source
Bearish
pluang ai news

XRP fell to its lowest level in about four months, dropping to around $1.22 amid intensified sell-offs and forced liquidations totaling roughly $30 million. This decline occurred even as U.S. spot XRP ETFs recorded a record $118.29 million in inflows in May 2026, indicating strong institutional interest. Technical weaknesses, including failure to reclaim key resistance levels and a break below $1.30 support, suggest further downside risk, with $1.14 as a potential next target. Meanwhile, Ripple's scheduled monthly escrow unlock of 1 billion XRP adds supply pressure, creating a tug-of-war between supply concerns and steady ETF demand, with broader crypto market sentiment and U.S. macro conditions likely to dictate near-term price direction.

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