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XRP Holds $3 as Whale Selling Tests Institutional Bid

Record futures interest has lifted institutional participation, leaving $3.05–$3.10 as the hurdle.

Overview

  • Price action remains compressed near $3.00, with traders eyeing a break above $3.05–$3.10 or a slip toward supports around $2.85.
  • Whale Alert tracked a 30.5 million XRP transfer to Coinbase as large holders moved tens of millions to exchanges this week, flagging ongoing sell pressure.
  • Retail and smaller buyers show net accumulation, with a positive Buy-Sell Delta and consistently positive funding rates supporting long exposure.
  • CME reports XRP futures open interest above $1 billion in just over three months, and desks cite roughly $25 million in daily institutional flows.
  • Regulatory overhang eased after both the SEC and Ripple dismissed appeals this month, preserving a split ruling that has encouraged broader market participation.