$XRP momentum may be cooling, but institutional demand is telling a different story.
Bitwise has reportedly extended its XRP buying streak with a latest purchase worth around $15.4M, even as XRP has turned negative and slipped back toward the $1.38 level.
What makes this interesting is the timing.
The broader Xrp ETF market has continued seeing daily inflows, while Bitwise is still attracting institutional demand despite the recent price weakness.
So, is the current pullback simply a cooling-off period after the recent rally, or are institutions seeing something that short-term price action isn’t showing yet?
$XRP
#Xrp🔥🔥
Bitwise has reportedly extended its XRP buying streak with a latest purchase worth around $15.4M, even as XRP has turned negative and slipped back toward the $1.38 level.
What makes this interesting is the timing.
The broader Xrp ETF market has continued seeing daily inflows, while Bitwise is still attracting institutional demand despite the recent price weakness.
So, is the current pullback simply a cooling-off period after the recent rally, or are institutions seeing something that short-term price action isn’t showing yet?
$XRP
#Xrp🔥🔥
