XRP whales accumulated 65.32 million tokens, worth $72 million, between November 7 and 11, according to blockchain data. Meanwhile, U.S. spot XRP ETFs recorded about $18 million in cumulative net outflows on November 9 and 10. These divergent signals emerged as XRP traded around $1.04, down 35% from its October peak of $1.60. Crypto analyst Dark Defender maintained his bullish price target of $10.11, based on Elliott wave analysis, and forecast a potential recovery to a double-digit price despite deteriorating market conditions. At current levels, XRP would need to rise about 869% to reach the $10.11 target.
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