🚨 Clash of the Titans on Chart $XRP ! Institutional liquidity collides with a billion-token wall and stolen funds 💥🐋
🟢 An institutional onslaught and SWIFT partnerships: Buyers battle to hold prices, as spot ETF funds in the United States recorded a weekly net inflow of $75.6 million, confirming strong institutional inertia. Alongside a jump of the RLUSD stablecoin supply to $2.49 billion, there’s also a giant step as ACI Worldwide integrates with the XRPL network to connect traditional SWIFT infrastructure to the blockchain rails.
🔴 Unlock hell and hacking: Meanwhile, bears lurk to deliver the knockout; the scheduled release of one billion XRP from escrow accounts on October 1 is looming as something major, with a massive surplus in supply. Also, the hackers’ transfer of $83 million worth of stolen XRP funds and the fact that $75 million of that remains un-releasable creates rising selling pressure, accompanied by negative outflows and a bearish MACD indicator that weakens short-term momentum.
📌 Summary
Despite massive fundamental growth and expansion in the payments network and institutional flows, the specter of billions in unlocks and stolen funds is putting strong pressure on the price—keeping volatility at its highest levels.
#xrp #Xrp🔥🔥 #Ripple
$XRP
🟢 An institutional onslaught and SWIFT partnerships: Buyers battle to hold prices, as spot ETF funds in the United States recorded a weekly net inflow of $75.6 million, confirming strong institutional inertia. Alongside a jump of the RLUSD stablecoin supply to $2.49 billion, there’s also a giant step as ACI Worldwide integrates with the XRPL network to connect traditional SWIFT infrastructure to the blockchain rails.
🔴 Unlock hell and hacking: Meanwhile, bears lurk to deliver the knockout; the scheduled release of one billion XRP from escrow accounts on October 1 is looming as something major, with a massive surplus in supply. Also, the hackers’ transfer of $83 million worth of stolen XRP funds and the fact that $75 million of that remains un-releasable creates rising selling pressure, accompanied by negative outflows and a bearish MACD indicator that weakens short-term momentum.
📌 Summary
Despite massive fundamental growth and expansion in the payments network and institutional flows, the specter of billions in unlocks and stolen funds is putting strong pressure on the price—keeping volatility at its highest levels.
#xrp #Xrp🔥🔥 #Ripple
$XRP
