XRP News Today: Institutional Confidence Rises as XRP Faces Selling Storm

Nearly $500 million worth of XRP was moved to exchanges within a week, reflecting heightened selling pressure and investor caution in the volatile cryptocurrency market. According to data, approximately 170 million XRP tokens, valued at around $483 million, were transferred to exchanges, a figure often associated with increased sell activity [1]. This surge in exchange inflows has raised concerns about short-term bearish sentiment, especially as XRP remains rangebound between $2.73 support and $2.85 resistance [1]. Analysts suggest that sustained selling pressure could push the price lower if long-term holders fail to absorb the outflow effectively.

Despite the sell-off, a key group of long-term holders has been actively accumulating XRP, providing much-needed stability to the market. Data from Glassnode shows that these holders have been purchasing the token at current levels, demonstrating their confidence in its long-term value proposition and utility [1]. This accumulation plays a critical role in balancing the market by absorbing the selling pressure and preventing further downward momentum. The HODLer net position change highlights this trend, indicating that institutional and committed investors remain optimistic about XRP’s prospects despite the recent volatility.

Separately, XRP has also attracted record inflows into investment products, underscoring its growing appeal among institutional and retail investors. According to a recent report from CoinShares, XRP-based investment products received inflows of $134.1 million in the latest week, marking the third-largest amount in history [2]. Only two previous inflow periods—$145 million in December and $189.6 million in July—have exceeded this figure. These inflows are often interpreted as indicators of institutional confidence, as they typically reflect longer-term investment strategies rather than speculative trading behavior.

The broader institutional interest in XRP is attributed to its expanding utility in cross-border payments and growing adoption by financial institutions. Analysts suggest that XRP’s role in facilitating global transactions gives it a distinct advantage in the altcoin market [2]. As digital assets continue to attract diversified institutional portfolios, XRP’s unique position in payment corridors is drawing attention from investors looking to capitalize on long-term trends in fintech and digital infrastructure.

Price analysis indicates that XRP is currently consolidating within a key range, with bulls defending the $2.70–$2.80 level against bearish pressure [2]. Market commentators note that a sustained break below $2.60 could trigger a sharp selloff toward $2.30, a historically significant support level. Traders are closely watching this range, as a breakout could either reinforce the bullish narrative or confirm a deeper correction. At the time of the report, XRP was trading at approximately $2.83 [2].

Source: [1] XRP Sell-Off Nears $500 Million, Core Holders Offer Support (https://beincrypto.com/xrp-sold-this-week-but-critical-holders-act-as-saviour/) [2] XRP Sees $134M Inflows, Third-Largest on Record (https://coinpaper.com/10873/134-m-vote-of-confidence-xrp-based-products-record-third-largest-inflow-as-bulls-defend-2-7-2-8)