XRP Price Drops 4.93% as Whale Activity and ETF Inflows Shape Market Correction

XRPUSDT has seen a 4.93% price decrease over the last 24 hours, with the current Binance price at 2.1524 USDT. The recent price volatility can be attributed to a combination of factors, including high spot and futures trading activity, significant net inflows into U.S.-listed XRP ETFs, and increased institutional interest. Notable whale activity, with a higher ratio of long to short positions, has contributed to upward momentum earlier in the week, but technical indicators such as a high RSI and reduced trading volume suggest the market has entered a corrective phase as traders take profits. Over the past 24 hours, XRPUSDT traded between 2.0722 and 2.417 USDT with approximately 252 million USDT in volume and a market capitalization of $131.73 billion, ranking it as the fourth largest cryptocurrency.