XRP’s price has slid with the broader crypto market this week, but beneath the red candles there are several active flows that suggest interest in the token remains strong. Market snapshot - The crypto market fell more than 5% over the past seven days, and XRP dropped nearly 5% over the same period, trading around $1.36 when the latest data was shared. Despite the pullback, on-chain and institutional activity points to continued demand. Whales are buying - Crypto analyst Ali Martinez reports that large XRP wallets accumulated roughly 71 million XRP over seven days while the token traded under pressure. That kind of accumulation by large holders can shift the tone of a selloff—indicating that weaker hands may be selling while bigger players quietly increase exposure. So far the price hasn’t fully reflected this buying, but the behavior merits close watching. XRP Ledger activity picking up - Activity on the XRP Ledger also ramped up. Payments between accounts rose from below 1 million earlier in the week to about 1.22 million by May 22 (XRPScan). Payment volume surged too: levels near 200 million XRP around May 16–17 jumped to more than 400 million XRP by May 18 and remained elevated through May 22. In short, more transactions are occurring and larger amounts of XRP are moving on-chain. ETF inflows bring a different kind of demand - Spot XRP-linked ETFs have seen notable inflows, according to SoSoValue. Last week they recorded over $65 million in weekly inflows, and this week net inflows have continued—about $22.04 million so far, with positive flows every day despite the market downturn. ETF purchases represent institutional or retail investors choosing structured exposure rather than short-term trading or leverage, creating a steadier demand base. Why it matters - These three signals—whale accumulation, increased ledger payments, and steady ETF inflows—suggest demand exists under the surface even as prices dip. That hidden support hasn’t yet turned the market momentum around, but it could help stabilize XRP or set the stage for a stronger rebound if selling pressure eases. What to watch next - Track whether whale buying continues and whether ETF inflows persist or accelerate. Also watch whether on-chain payment volumes stay elevated—sustained increases across these areas would be a bullish structural sign even if the broader market remains volatile.
XRP Price Dips Amid Broader Market Slide, But Whale Accumulation and ETF Inflows Suggest Hidden Demand
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Summary
XRP price dropped nearly 5% in the past week, tracking the broader crypto market decline. Whale activity, however, shows 71 million XRP added to large wallets, signaling accumulation. Ledger payments hit 1.22 million, with volume doubling to over 400 million XRP. ETF inflows for XRP-linked funds reached $65 million last week and $22.04 million this week, pointing to ongoing demand from both institutions and retail investors.
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