- XRP ETFs continue to see steady inflows, pushing total assets above $1.2 billion despite flat price action
- Large whale wallets have increased their XRP holdings again, signaling deliberate repositioning
- Selling pressure is easing, even though XRP remains below key moving averages
Power dynamics around XRP are starting to shift again, and it’s happening quietly. Institutional capital has been flowing in with surprising consistency, even while price action stays muted and unemotional. XRP isn’t surging or breaking down, it’s just sitting there, absorbing pressure, which usually isn’t accidental.
Spot XRP ETFs have now pushed total net assets beyond the $1.2 billion mark. What stands out isn’t the size of any single inflow, but the rhythm of it. Even on dull sessions, money keeps coming in, slow and steady, without hype-driven spikes or panic moves.
Despite this, XRP has remained near the $1.90 region instead of reacting aggressively. That kind of behavior often signals controlled accumulation, where institutions build exposure patiently rather than chase momentum. It looks less like speculation and more like groundwork.
Whales Step Back Into Position
Alongside ETF inflows, on-chain data shows large holders are making moves again. Wallets holding between 100 million and 1 billion XRP have increased their share, pushing whale-held supply back toward the 12.8% range after a short dip earlier this month.
This wasn’t a gradual shift. Whale ownership jumped sharply following a mid-December pullback, which suggests intentional positioning rather than passive holding. Large players appear to be stepping in while price remains compressed.
When whales re-enter at the same time institutions accumulate through ETFs, it often signals a transfer of market control. Retail activity fades into the background, while bigger players quietly shape the next phase.
Price Stalls, But Pressure Starts To Fade
At the time of writing, XRP trades near $1.94 and remains below all its key exponential moving averages. The 20, 50, 100, and 200-day EMAs are still overhead, so the broader trend hasn’t flipped bullish yet.
Momentum indicators reflect that hesitation. RSI sits around 43, showing mild stabilization but no strong buying impulse. OBV has flattened after falling earlier in the month, suggesting selling pressure has eased without a surge in demand. The MACD remains below zero, though downside momentum appears to be slowing rather than intensifying.
In short, XRP doesn’t look strong yet, but it also doesn’t look weak in the same way it did before. With whales accumulating and ETF inflows continuing, the market feels more controlled than chaotic. Price hasn’t moved much, but positioning clearly has.
