$XRP This week’s drop has been pretty brutal: At the Swell conference on October 28, Garlinghouse shouted, “Never give up on XRP.” It closed at $1.326 that day, and has now fallen to $1.02–$1.04, down about 22% and its lowest level since August—twice the drop in BTC over the same period (-10.7%).
But here’s the interesting part: Santiment data shows that the number of wallets holding more than 10,000 coins is still increasing, with whales buying about 65.32 million XRP over four days. At the same time, spot ETFs saw another $10.4 million in net outflows. On-chain, there’s accumulation; in terms of fund flows, there are outflows—a real contradiction.
In the short term, watch $1.04–$1.05 and the psychological $1 mark. If those levels don’t hold, sentiment will worsen. What I care more about is whether ETF flows can turn positive.
#XRP #加密市场 For reference only; this is not investment advice.
But here’s the interesting part: Santiment data shows that the number of wallets holding more than 10,000 coins is still increasing, with whales buying about 65.32 million XRP over four days. At the same time, spot ETFs saw another $10.4 million in net outflows. On-chain, there’s accumulation; in terms of fund flows, there are outflows—a real contradiction.
In the short term, watch $1.04–$1.05 and the psychological $1 mark. If those levels don’t hold, sentiment will worsen. What I care more about is whether ETF flows can turn positive.
#XRP #加密市场 For reference only; this is not investment advice.