XRP Price Dips 3.44% Amid $1B Whale Activity and Surging ETF Interest on Binance

XRPUSDT experienced notable volatility in the last 24 hours, with the price declining 3.44% to 1.9828 USDT on Binance. This movement is attributed to heightened trading activity following Bitcoin's retreat from recent highs, leading to significant liquidations across the crypto market and a temporary drop in XRP's value. Additionally, institutional interest, including over $1 billion acquired by whales and retail investors since January 2026 and the launch of spot XRP ETFs, has increased both trading volume and investor attention, while technical analysis points to XRP holding strong above a key $2.00 support zone. XRP is currently ranked #5 by market capitalization, with a 24-hour trading volume on Binance of 29.13 million XRP, reflecting robust market engagement despite short-term price pressure.