Despite recording its strongest ETF inflow month of 2026 with $131.94 million captured in May, XRP has continued to slide, hitting a new yearly low on June 5 and shedding approximately $8 billion in market cap across three trading sessions. The asset currently trades around $1.11, down roughly 17% from its June opening, as large holders appear to be distributing positions into institutional demand. The divergence between growing ETF appetite and persistent whale selling pressure raises questions about whether retail and institutional inflows are sufficient to absorb the supply entering the market. Analysts are now watching the $0.90 level as a potential support zone if current selling momentum continues.
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