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XRP exchange balances drop significantly, ETF continues to attract funds, regulatory clarity imminent
【Crypto World】Since the beginning of this year, XRP’s balance on exchanges has plummeted rapidly, dropping from $4 billion to $1.5 billion, leading to a significant reduction in sell-side liquidity. In contrast, the ETF market remains hot, with net inflows reaching $1.14 billion. Although the entire altcoin market has been struggling, XRP’s 12% decline is still somewhat manageable, especially considering that major altcoins like Solana have fallen by 40%.
Interestingly, on-chain demand remains strong, and open interest is also shrinking, leading many analysts to believe that XRP breaking below $2 is actually a healthy correction. More importantly, regulatory actions are brewing—once the Clarity Act is implemented, the cryptocurrency regulatory framework will become clearer, and this expectation is providing XRP with a breathing space.