XRP recently experienced a 53% surge that closed the week at $1.50, driven by a strong risk-on market environment. However, a subsequent 7% pullback pushed the price back toward $1.40. Notably, this decline was an isolated event among major cryptoassets, as other tokens like Solana recorded gains over the same timeframe, pointing to asset-specific weakness rather than a broader market downturn.
Amid this price correction, large-scale investors have made significant moves. CryptoQuant data revealed a whale transaction pulling 231 million XRP from Binance to another address, marking the largest withdrawal in six months. This substantial outflow, combined with the 7% drop driven by bears, has fueled market debate over whether the activity signals accumulation or market manipulation.
Adding to the institutional picture, SoSoValue data indicated that XRP ETFs attracted over $28 million in net inflows, reaching the highest daily inflow since early Q1 of 2026. The combination of significant whale outflows and rising institutional investment suggests that buying pressure is mounting despite the recent bearish slide.
Market participants are closely monitoring these competing signals as XRP approaches a critical inflection point. Continued accumulation could pave the way for a renewed attempt to break the $1.50 resistance level.
