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XRP drops for a week straight, falling below $2. Institutional ETF strong accumulation vs retail whale selling—who will dominate the market?
【Crypto World】Ripple(XRP)This wave of decline is endless, with seven or eight consecutive days of tug-of-war below the $2 mark. Institutional investors who are optimistic about XRP are also having a tough time—one leading fund’s holdings, which had an unrealized profit of $71 million in October, have been hard hit and now show an unrealized loss of $225 million. This shift is quite brutal.
But the other side of the story is more interesting: since the launch of the XRP spot ETF, funds have been continuously flowing in, and the total net assets have now accumulated to $1.25 billion. This indicates that institutional demand is still there; it seems they haven’t given up.
However, this can’t compare to retail investors and whales selling off. The capital flow indicators are extremely negative, and the bearish pressure is obvious. The key is whether the $2 support level can hold—if it breaks, the next target might be $1.5. In the tug-of-war between these two forces, it’s really hard to say who will win.