Technical Summary: Massive Sale of XRP and ETF Flows
🔴 Seller Pressure from Whales:
· Addresses with 1-10M XRP have liquidated 190M tokens ($402M) in 48h. · Accumulated since September: -1.58B XRP, reducing holdings from 6.8B to 5.22B tokens. · Estimated selling trend at $50M daily, increasing skepticism in the market.
📉 Impact on Price:
· XRP records declines of 14.6% (weekly) and 13.1% (monthly). · Key levels (URPD): Critical support at $1.91** and **$1.73 after losing $2.15.
🟢 Bullish Counterpoint: ETF Flows:
· XRPC (Canary Capital): Accumulates $292.6M in inflows, with no daily net outflows since its launch. · New ETFs: Bitwise (Nov 20) and Grayscale (Nov 24) could inject liquidity and additional capital.
Conclusion: Institutional selling pressure vs. optimism for structured products. Break of $1.91 could accelerate sales.
Join my broadcasts to learn more about the crypto world and receive rewards 🧧🎁✅ {spot}(XRPUSDT) $XRP #AnalisisTecnico #cripto
Technical Summary: Massive Sale of XRP and ETF Flows
🔴 Seller Pressure from Whales:
· Addresses with 1-10M XRP have liquidated 190M tokens ($402M) in 48h. · Accumulated since September: -1.58B XRP, reducing holdings from 6.8B to 5.22B tokens. · Estimated selling trend at $50M daily, increasing skepticism in the market.
📉 Impact on Price:
· XRP records declines of 14.6% (weekly) and 13.1% (monthly). · Key levels (URPD): Critical support at $1.91** and **$1.73 after losing $2.15.
🟢 Bullish Counterpoint: ETF Flows:
· XRPC (Canary Capital): Accumulates $292.6M in inflows, with no daily net outflows since its launch. · New ETFs: Bitwise (Nov 20) and Grayscale (Nov 24) could inject liquidity and additional capital.
Conclusion: Institutional selling pressure vs. optimism for structured products. Break of $1.91 could accelerate sales.
Join my broadcasts to learn more about the crypto world and receive rewards 🧧🎁✅ {spot}(XRPUSDT) $XRP #AnalisisTecnico #cripto
Technical Summary: Massive Sale of XRP and ETF Flows
🔴 Seller Pressure from Whales:
· Addresses with 1-10M XRP have liquidated 190M tokens ($402M) in 48h. · Accumulated since September: -1.58B XRP, reducing holdings from 6.8B to 5.22B tokens. · Estimated selling trend at $50M daily, increasing skepticism in the market.
📉 Impact on Price:
· XRP records declines of 14.6% (weekly) and 13.1% (monthly). · Key levels (URPD): Critical support at $1.91** and **$1.73 after losing $2.15.
🟢 Bullish Counterpoint: ETF Flows:
· XRPC (Canary Capital): Accumulates $292.6M in inflows, with no daily net outflows since its launch. · New ETFs: Bitwise (Nov 20) and Grayscale (Nov 24) could inject liquidity and additional capital.
Conclusion: Institutional selling pressure vs. optimism for structured products. Break of $1.91 could accelerate sales.
Join my broadcasts to learn more about the crypto world and receive rewards 🧧🎁✅ {spot}(XRPUSDT) $XRP #AnalisisTecnico #cripto
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