Derived from 36 Crypto, ETF clients purchased $89.65 million worth of XRP, raising total ETF-held net assets to $723.05 million. The XRP Ledger Spot Volume Bubble Map indicates a cooling phase, with green clusters signaling oversold conditions and reduced trading pressure. Analysts note the alignment between ETF inflows and technical calmness, suggesting a potential accumulation window near key support levels. Whale Insider and CW8900 highlighted the shift from overheating to cooling, with rising institutional demand and normalized spot volume supporting consolidation before a potential breakout.
XRP Enters Cooling Phase Amid $89.65M ETF Purchase and Rising Institutional Demand
36CryptoShare
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