XRP
Why XRP is down 1.1% in the last hour
Analysis
XRP slipped about 1.1% over the past hour as traders digested renewed discussion of XRP Ledger front‑running risk after Ripple CTO David Schwartz said the issue is “real but overstated,” which can still weigh on near-term sentiment. The move may also reflect positioning shifts highlighted by reports that some XRP whales are moving funds and changing preferred venues, adding to short-term selling pressure despite generally supportive ETF-flow headlines.
Contributing Factors (3)
David Schwartz Says XRP Ledger Front-Running Risk Is Real But Overstated
Ripple former CTO David Schwartz addressed XRP Ledger sandwich attack concerns, saying front-running risks are real but overstated.
XRP ETF Demand Persists as Bitwise Surpasses $500 Million Inflow Milestone
Bitwise leads XRP ETFs in latest daily inflow, solely attracting over $11 million in fresh capital within 24 hours, bringing its cumulative net inflow to over $500 million.
XRP Whales Are Moving On, and Binance Is No Longer Their Top Choice
XRP whale outflows becoming less concentrated on Binance and increasingly distributed across other trading platforms.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.