XRP News Today: XRP's Market Structure Shifts as ETFs and Holders Tighten Supply

XRP's market dynamics are shifting as institutional demand and on-chain activity signal a potential breakout. XRP reserves on Binance have plummeted to 2.7 billion tokens, a multi-year low, according to CryptoQuant data. This decline, driven by withdrawals of over 300 million XRP since October 6, reflects accumulation by long-term holders and ETFs, with most tokens moving into private wallets rather than being sold according to blocknews.com. Analysts like Darkfrost view this as a bullish trend, as reduced exchange liquidity tightens market structure and heightens future demand.

The surge in institutional interest is further amplified by XRP ETF inflows. Nine XRP ETFs, including Franklin Templeton's XRPZ and Canary Capital's offerings, have recorded steady inflows, with $73.9 million and $89.3 million added in separate weeks according to coinpedia. Four additional ETFs are expected to launch soon, potentially surpassing Bitcoin in ETF diversity. These funds predominantly purchase XRP through over-the-counter channels, minimizing immediate price volatility while steadily tightening supply according to beincrypto.

Technical indicators also suggest a strengthening trend. XRP rebounded 22% after a sixteenth retest of the $1.85 support level, a historically significant reversal point. Open interest has climbed above $4.11 billion, indicating rising leveraged participation. Analysts highlight key resistance levels at $2.28 and $2.36, with a successful breakout potentially targeting $2.50 according to coinpedia. Meanwhile, the asset's 50-day and 100-day exponential moving averages remain above current prices, signaling lingering bearish pressure despite ETF-driven optimism .

Global liquidity shifts further underscore XRP's evolving trajectory. While Binance's reserves shrink, Bithumb in South Korea reports rising holdings, highlighting divergent regional dynamics . Ripple's RLUSD stablecoin is also gaining traction in Abu Dhabi, contributing to a regulated payment infrastructure and broadening use cases .

If XRP sustains above $2, the bullish case strengthens. However, a drop below this level could reignite downward momentum. With ETF inflows accelerating and on-chain accumulation intensifying, the stage is set for a potential five-wave rally. Analysts caution that while the $15 target remains aspirational, the current market structure suggests a strong price move once demand accelerates.