XRP aims for $0.90 as ETF demand battles selling pressure from whales – Crypto News – Crypto News
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XRP aims for $0.90 as ETF demand battles selling pressure from whales – Crypto News

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6 days ago

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XRP is trading at $1.11, down roughly 17% from its June opening, having set a new 2026 low on June 5 and shed $8 billion in market cap over three sessions.

The correction happens as the asset posted its strongest ETF inflow month of the year, with $131.94 million captured in May, ahead of both Bitcoin and Ethereum products.

Glassnode’s June 9 data points to loss realization as the primary pressure on XRP’s price, with the token’s 90-day realized profit-to-loss ratio falling to 0.38, meaning holders are booking roughly 38 cents in profit for every dollar of realized loss.

At the speculative peak in 2025, that ratio reached 50, with gains outpacing losses by 50 to 1.
Glassnode described the current reading as intense capitulation, with XRP’s aggregate realized price sitting near $1.48, placing the average holder underwater at current prices.

On the XRP Ledger, the 90-day average of total fees paid fell from 5,900 XRP in February 2025 to 500 XRP by June 9, a 91.5% decline that Glassnode attributed to a near-total contraction in organic transaction demand since the prior speculative phase ended.

Signal Latest reading Direction What it means
XRP price $1.11 Bearish Down roughly 17% from June open and at fresh 2026 lows.
May ETF inflows $131.94M Bullish Regulated demand remains active despite price weakness.
90-day realized profit/loss ratio 0.38 Bearish Holders are realizing far more losses than profits.
Aggregate realized price $1.48 Bearish Average holder is underwater at current prices.
XRP Ledger fees 5,900 XRP → 500 XRP Bearish Organic transaction demand has collapsed 91.5%.

What whales are actually doing

CryptoQuant’s exchange-flow analysis shows XRP whale outflow dominance reached 91.4% on Binance and 90.5% across centralized exchanges.

Whales dominate XRP’s exchange flows, and the data describes that structural control without resolving whether it reflects selling pressure or accumulation.

A separate CryptoQuant post frames declining XRP inflows to Binance as a possible sign of growing whale confidence, arguing that subdued exchange inflows could keep available selling supply limited.

Large-holder accumulation has historically preceded recoveries, and Glassnode’s loss-realization and fee data show that the current supply of loss-realizing sellers and the collapse in organic network demand are absorbing that accumulation before it reaches price.

Data source Metric Reading Bearish interpretation Bullish interpretation
CryptoQuant XRP whale outflow dominance on Binance 91.4% Whales dominate exchange flows, so large holders can pressure price. Outflow dominance does not prove whales are selling into exchanges.
CryptoQuant XRP whale outflow dominance across CEXs 90.5% Centralized-exchange flows are structurally whale-driven. Concentrated flows may also reflect custody movement or accumulation behavior.
CryptoQuant XRP inflows to Binance Declining Weak demand may reduce the need to send coins to exchanges. Lower inflows may mean reduced available selling supply.
Santiment Wallets holding 10M+ XRP 45.83B XRP Concentration risk remains high. Largest wallets held the most XRP since May 2018.
Santiment Wallets holding 10K+ XRP 332,230 Accumulation has not yet created a price floor. Mid-to-large wallet count reached an all-time high.

Santiment’s May data note that wallets holding at least 10 million XRP controlled 45.83 billion XRP, the most since May 2018. The number of wallets holding at least 10,000 XRP reached an all-time high of 332,230.

Large-holder accumulation has historically preceded recoveries, and Glassnode’s loss-realization and fee data show that the current supply of loss-realizing sellers and the collapse in organic network demand are sufficient to absorb that accumulation without forming a price floor.

The ETF layer

Seven US spot XRP ETFs are now live, holding approximately 923.7 million XRP in custody as of June 10, with combined AUM near $1 billion.

Cumulative net inflows since the November 2025 launch have approached $1.45 billion, and May’s $131.94 million monthly inflow was the strongest since December and ran for 20 consecutive days before a $5.34 million outflow on June 3 broke the streak.

CoinGlass ETF data show that regulated demand for XRP exists and has been persistent, while price action indicates that demand has been absorbed by spot market selling or loss realization, without producing a sustained rebound.

Standard Chartered has projected $4 billion to $8 billion in XRP ETF inflows for 2026 if the CLARITY Act passes, a figure far above cumulative inflows to date.

That upside depends on a Senate floor vote, which Polymarket currently prices at a 47% likelihood of passing in 2026.

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