XRP
Why XRP is down 1.3% in the last hour
Analysis
XRP slipped 1.3% over the past hour as traders reacted to signs of large on-chain movements, after U.Today reported 702,707,023 XRP sent to unknown wallets in the last 24 hours—flows like this can raise near-term caution and prompt selling. While U.Today also noted XRP ETFs took in $16.79 million in fresh inflows, that supportive headline may not have been enough to offset immediate risk sentiment from the wallet-transfer activity.
Contributing Factors (3)
XRP ETFs Recover From Heavy Downturn With $16.79 Million Fresh Capital Intake
XRP ETFs have resumed their strong daily performance despite the broad crypto market weakness, signaling resilience among its institutional investors.
Ripple CTO Emeritus Breaks Silence on XRP and XLM in Epstein Files
Ripple was mentioned in the newly released Epstein files. The former Ripple CTO has addressed claims linking Ripple, Stellar and XRP to Epstein.
702,707,023 XRP Hit Unknown Wallets in 24 Hours, What's Going On?
702,707,023 XRP has been sent to unknown wallets over the last 24 hours.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.