Overview
- XRP dropped more than 10% in 24 hours to lows near $1.85 and is down about 16% for the week.
- Santiment data shows wallets holding 1 million to 10 million XRP sold roughly 190 million to 200 million tokens in two days.
- U.S. spot XRP ETFs reported early net inflows, including about $292.6 million into Canary’s fund and $105 million into Bitwise’s product, per SoSoValue.
- Grayscale said it will convert its XRP Trust into an ETF, which would make it the third U.S. spot XRP ETF within two weeks.
- A TD Sequential buy signal appeared as analysts flagged prior 14%–18% rebounds, though failure to reclaim resistance near $2.30 could risk a slide toward about $1.50.