XRP took a tumble to $2.07, a 4% haircut from recent peaks, as the broader crypto market wobbled. The dip happened even as spot XRP ETFs kept their inflow streak alive, now sitting at a hefty $1.26 billion, and exchange-held supply dropped below 2 billion tokens, down sharply from over 4 billion in late 2025.
The sell-off looks more like technical gymnastics than bad news. Ripple just snagged a preliminary e-money license in Luxembourg and is chasing a MiCA-compliant CASP license in the EU—regulatory wins that would usually pump the vibes. Instead, traders used the rally from $1.80 earlier this month to cash out, repeatedly slamming the door at resistance near $2.13.
Price action was brutal. Over 24 hours, XRP slid from $2.149 to $2.070, with a hard rejection at $2.131 during the U.S. session. Volume exploded to 102.7 million tokens at 15:00—133% above the 24-hour average—confirming short-term bears were running the show. A late-session flush to $2.059 at 19:31 saw a quick capitulation spike, but buyers swooped in fast, rebounding to $2.07 into the close.
Meanwhile, whale activity on Binance has dried up to levels not seen since 2021. CryptoQuant data shows whale transfer flows to the exchange dipped to 48 million XRP before inching up to 56.1 million. Low whale inflows usually mean less selling pressure, a bullish signal that has historically kicked off rallies. Yet despite this backdrop, XRP is still in the red, down 1.45% in 24 hours and 2.65% over the week, though holding ~7% gains monthly.
The disconnect is obvious: institutions are quietly stacking while short-term traders dictate the daily grind. As long as $2.13 caps the upside, XRP might stay stuck in a range. Key levels to watch: $2.05–$2.06 as support, with a break below opening the door to $2.00. A clean break above $2.13 with volume is needed to target $2.30–$2.40. For now, XRP is digesting its rally—whales aren’t selling, but traders are.
