XRP
Why XRP is down 1.0% in the last hour
Analysis
XRP slipped about 1% over the past hour amid broader market selling pressure, which U.Today linked to a wider crypto sell-off that triggered roughly $745 million in liquidations and drove a sharp jump in XRP trading volume. Adding to the cautious tone, CoinGape reported that Grayscale executives and its parent firm trimmed holdings tied to XRP (alongside other assets), which can weigh on sentiment around institutional demand.
Contributing Factors (3)
Ripple (XRP) News Today: January 27th
New partnerships, major announcements, and more: check out the recent and important developments related to Ripple.
Grayscale Executives, Parent Firm Trim Holdings in XRP, Solana, & Chainlink ETFs
Executives from crypto asset management company Grayscale and its parent Digital Currency Group (DCG) and related investment firm have sold shares in XRP, Solana, and Chainlink ETFs. The selloffs occu...
XRP Rockets 214% in Volume as Market Sell-Off Liquidates $745 Million
XRP volumes have skyrocketed 214% as the market continues to face selling pressure.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.