Two different groups appear to be buying $XRP at the same time. That’s what makes this interesting.
U.S. spot XRP ETFs recorded about $22.65M in net inflows on Sept. 25, led by Bitwise with $18.39M and Franklin with $4.26M. Total XRP ETF assets now sit around $1.77B.
Meanwhile, wallets holding 1M–10M XRP reportedly accumulated more than 470M $XRP, worth roughly $724M, in five days.
So institutional products are attracting capital while large onchain holders are increasing exposure.
Yet $XRP is still wrestling with the $1.60 area, showing that heavy accumulation doesn't automatically remove existing selling pressure.
That’s the part I’m watching.
If ETF demand and whale accumulation continue together, does $1.60 eventually give way, or is the market telling us there’s still too much supply waiting above?
U.S. spot XRP ETFs recorded about $22.65M in net inflows on Sept. 25, led by Bitwise with $18.39M and Franklin with $4.26M. Total XRP ETF assets now sit around $1.77B.
Meanwhile, wallets holding 1M–10M XRP reportedly accumulated more than 470M $XRP, worth roughly $724M, in five days.
So institutional products are attracting capital while large onchain holders are increasing exposure.
Yet $XRP is still wrestling with the $1.60 area, showing that heavy accumulation doesn't automatically remove existing selling pressure.
That’s the part I’m watching.
If ETF demand and whale accumulation continue together, does $1.60 eventually give way, or is the market telling us there’s still too much supply waiting above?
