🚨 XRP $XRP : RECORD 8-MONTH ETF OUTFLOWS—WHERE’S THE BOTTOM?
Here’s the interesting part the crowd is overlooking.
U.S. spot XRP ETFs just lost $19.13 million in the week ending November 13. That’s the largest weekly net outflow in 8 months, and the second consecutive week of outflows.
At the same time, XRP fell below $1.00 and is down 20% since the start of November.
Think about it: when the price breaks below a round number like $1.00, many people see it as a signal to cut their losses, while ETF outflows make the fear spread even further.
History shows that December rarely brings relief for XRP.
🎯 My take: if ETF outflows continue and the price can’t reclaim $1.00, I’ll be cautious; if outflows slow, selling pressure could ease.
👀 I’m watching to see whether ETF flows remain negative next week.
$XRP #XRP #Crypto
Here’s the interesting part the crowd is overlooking.
U.S. spot XRP ETFs just lost $19.13 million in the week ending November 13. That’s the largest weekly net outflow in 8 months, and the second consecutive week of outflows.
At the same time, XRP fell below $1.00 and is down 20% since the start of November.
Think about it: when the price breaks below a round number like $1.00, many people see it as a signal to cut their losses, while ETF outflows make the fear spread even further.
History shows that December rarely brings relief for XRP.
🎯 My take: if ETF outflows continue and the price can’t reclaim $1.00, I’ll be cautious; if outflows slow, selling pressure could ease.
👀 I’m watching to see whether ETF flows remain negative next week.
$XRP #XRP #Crypto
