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XRP price under pressure amid technical weakness and reduced whale holdings
Ripple (XRP) is extending its decline below $1.90 at the time of writing on Tuesday, as headwinds intensify across the crypto market. Negative market sentiment has persisted despite a surge in inflows to XRP spot Exchange Traded Funds (ETFs). As reported, US-listed XRP ETFs posted nearly $44 million in inflows on Monday, up from approximately $13 million on Friday. The cumulative net inflow stands at $1.12 billion, and net assets at $1.25 billion. The number of newly created addresses on the XRP Ledger (XRPL) has remained relatively suppressed, averaging 3,440 as of Monday, down from 4,501 on December 1 and ... (full story)