Institutional flows jumped more than 50% above trend on Wednesday as XRP failed again to break through the $2.09–$2.10 ceiling. Sellers slammed the token off resistance and forced a clean move back into the $2.00 psychological shelf, leaving the broader structure stuck in multi-week compression while ETF inflows quietly tighten supply underneath.
What to Know
- XRP slipped from $2.09 to $2.00, losing 4.3% on the session and underperforming the broader crypto market by roughly 1%.
- The rejection was decisive: a 172.8M volume spike (205% above the daily average) hit right as XRP tagged $2.08, flipping the entire move into a failed breakout.The selloff didn’t come from retail panic.
- Volume across the session ran 54% above the 7-day average — classic institutional distribution above resistance rather than emotional dumping.
- Exchange balances dropped from 3.95B to 2.6B tokens over the…
