Tag: Institutional Inflows

  • XRP Price Faces Pivotal Test at $1.12 Resistance as Institutional Inflows and Whale Activity Surge

    XRP Price Faces Pivotal Test at $1.12 Resistance as Institutional Inflows and Whale Activity Surge

    Ripple’s XRP is currently trading at $1.07, recovering from a low of $1.04 on July 28 and approaching a critical resistance zone at $1.08. Despite cautious market sentiment, institutional participation is improving, whales continue to accumulate, and derivatives data points to growing bullish positioning.

    Institutional Demand Shows Signs of Recovery

    Institutional interest in XRP has shown signs of recovery. According to SoSoValue, US spot XRP ETFs recorded $584,000 in net inflows on Wednesday and $5.98 million on Thursday, extending the inflow streak to three consecutive weeks. This uptick is partly driven by plans to tokenize the Aviva Investors USD Liquidity Fund on the XRP Ledger (XRPL), following the implementation of the fixCleanup3_2_0 amendment, which is expected to enhance the platform’s appeal for institutional projects.

    Whale Accumulation Continues Despite Market Caution

    Large holders continue to increase their positions. Santiment data shows that wallets holding between 10,000 and 100,000 XRP now account for 11.9% of total supply, up from 11.64% on July 1. Similarly, addresses with 100,000 to 1 million XRP have increased their share to 11.75% from 11.45% in the same period. Retail participation is also rising, with perpetual futures open interest reaching 2.27 billion XRP as traders build positions ahead of a potential breakout.

    Technical Structure Points to Key Levels

    From a technical perspective, XRP remains below key moving averages. The 50-day EMA at $1.127, 100-day EMA at $1.211, and 200-day EMA near $1.405 all point to a broader bearish bias. The RSI stands at 43.66, indicating modest downside momentum, while the MACD line is slightly below zero and flattening, suggesting weakening bearish pressure. Immediate resistance is at the 50-day EMA ($1.127), followed by the 100-day EMA ($1.211). On the downside, $1.000 serves as key psychological support; a daily close below this level could trigger further declines.

    Derivatives Data Shows Bullish Positioning

    The funding rate for XRP has jumped to 0.089%, the highest since July 20, indicating that long traders are willing to pay a premium to maintain their positions. Meanwhile, Binance’s long/short ratio stands at 2.57, reflecting a significant bullish bias.

    FAQs

    1. Why is XRP approaching a critical resistance level? XRP is trading below its key moving averages, with the 50-day EMA around $1.127 acting as the first major resistance. A sustained breakout above this level could improve short-term momentum and shift sentiment in favor of buyers.

    2. What do the latest XRP ETF inflows indicate? According to SoSoValue, XRP ETFs recorded $584,000 in net inflows on Wednesday, followed by $5.98 million on Thursday. The continued inflows suggest that institutional interest in XRP is gradually improving.

    3. Are XRP whales continuing to accumulate? Yes. Santiment data shows wallets holding between 10,000 and 100,000 XRP increased their share of the total supply to 11.9%, while wallets with 100,000 to 1 million XRP also expanded their holdings, indicating continued confidence among large investors.

    4. What do the funding rate and long/short ratio reveal? According to CoinGlass, XRP’s funding rate has climbed to 0.089%, the highest since July 20, showing that long traders are willing to pay a premium to maintain bullish positions. Binance’s 2.57 long/short ratio also reflects stronger bullish positioning.

    5. What are the key support and resistance levels for XRP? Immediate resistance is located near the 50-day EMA at $1.127, followed by the 100-day EMA at $1.211. On the downside, $1.00 remains the key psychological support, and a break below that level could increase the risk of further downside.

    Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments are risky and may result in loss. Always conduct your own research before investing.

  • XRP and Solana ETFs Gain as Bitcoin Spot Funds See $526 Million in Outflows

    XRP and Solana ETFs Gain as Bitcoin Spot Funds See $526 Million in Outflows

    Bitcoin spot ETFs experienced a significant capital flight last week, losing $526 million, while XRP and Solana funds attracted fresh institutional inflows. Ethereum products shed $14 million, yet XRP and Solana combined drew $49 million, signaling stronger demand during a weaker market phase.

    XRP ETFs Extend Weekly Inflow Streak

    XRP spot ETFs recorded a ninth consecutive week of net inflows, adding $17.19 million despite broader market pressure. The products continued to attract buyers while Bitcoin funds faced heavy withdrawals. According to CoinGlass data, the total market capitalization of combined XRP ETF products reached $690 million. Historical cumulative net inflows across these spot products reached 754.78 million XRP.

    Daily activity showed steady accumulation. On June 29, XRP ETF products logged a single-day inflow of 14.64 million XRP, before smaller outflows followed on June 30 and July 1. Those pullbacks totaled 2.68 million XRP and 1.79 million XRP. Then, on July 2, inflows turned positive again with another 6.22 million XRP added.

    Bitwise Leads XRP Products as Solana Recovers

    The Bitwise XRP ETF, listed as 1XRP, led the sector with $245.31 million in assets under management. Canary XRP ETF (2XRPC) followed with $225.91 million, and Franklin XRP ETF (3XRPZ) ranked third with $167.87 million. Together, the three products accounted for most XRP ETF capital in the available data.

    Solana ETFs also returned to positive territory. Daily metrics showed 77,070 SOL in net inflows on June 29, as institutional buying stabilized during the week. The Bitwise Solana Staking ETF (BSOL) held $595.88 million in assets, representing the largest share of institutional capital allocated to Solana in the data provided.

    XRP Breakout Faces First Support Test

    XRP finally moved above $1.14, a level that had capped recent upside attempts. Buyers pushed the token as high as $1.158 before sellers drove it back toward $1.146. During the 24-hour session, XRP rose from $1.1344 to $1.1454, gaining 2.87%. The breakout occurred at 22:00 UTC on July 5, when volume reached 81.89 million XRP — about 207% above the 24-hour average. The move carried XRP from $1.1356 to $1.1594 within two hours, clearing resistance near $1.1400.

    Traders are now watching the $1.1400–$1.145 range as key support after the breakout. Sellers emerged near $1.158 and pulled XRP below short-term support at $1.150. The 60-minute chart weakened after XRP failed to reclaim $1.155. The short-term range now sits between $1.145 and $1.151. A decisive loss of $1.145 would shift attention toward $1.142 and then $1.133. XRP needs to reclaim $1.155 before buyers can test the $1.17–$1.20 resistance zone. A move above $1.20 would bring $1.29–$1.30 back into focus.

    What’s Next?

    XRP ETFs stayed resilient as Bitcoin spot ETFs recorded heavy outflows and Solana funds returned to positive territory. XRP’s move above $1.14 showed renewed buyer interest, but resistance near $1.155 and $1.17–$1.20 remains key. Traders should watch support before expecting stronger continuation.