Overview

• On‑chain readings show large holders cut positions by roughly 160–200 million XRP over the past two weeks, per Santiment data and analyst tallies.
• XRP trades around $3.02 after failing to hold above $3.10, with buyers repeatedly defending the $3.00 area.
• Traders are watching $2.78 as the next key support, while one analyst flags downside risk toward about $2.65 if selling intensifies.
• REX Shares announced the REX‑Osprey XRP ETF (ticker XRPR), described as the first U.S. spot XRP ETF offering direct exposure to the token.
• CME Group plans to list XRP options on Oct. 13 pending regulatory approval, as perpetual open interest rises and roughly $1.7 million in recent XRP liquidations signal heightened positioning.