XRP Token Drops 2.74% Amid ETF Outflows and Bearish Market Signals Despite Strong Buyer Interest

XRPUSDT experienced a 2.74% decrease over the last 24 hours, with the Binance price currently at $1.6037, opening at $1.6488. This decline is attributed to continued ETF fund outflows, realized holder losses, and prevailing negative funding rates, alongside caution from recent technical analyses indicating a bearish market structure despite short-term recovery attempts. Trading volume remains high, with strong buyer interest reflected in significant daily turnover and a substantial circulating supply, but overall sentiment is tempered by market underperformance and ongoing regulatory developments impacting investor confidence.