Institutional investors return to XRP, but uncertainty remains
XRP, long held back by its legal battle with the SEC, is back in the spotlight. While institutional investors discreetly strengthen their positions, a series of massive liquidations shakes the market. Amid unstable technical signals and behind-the-scenes accumulation strategies, the crypto is going through a period of great instability.
XRP returns to the forefront after the end of its long legal conflict with the SEC.
On August 7, the cryptocurrency recorded a 4% rebound, driven by renewed interest from institutional investors.
Despite this dynamic, the market remains unstable: liquidations of $59.3 million were recorded in just a few days.
Technical signals are mixed, and XRP fluctuates around a critical threshold without a real direction.