XRP Draws $184M as Traders Bet Against the Crash — Is a Rebound Coming?
AI Market Summary
XRP slid 22.5% from its September high to below $1.30, yet Binance futures absorbed $184M of aggressive buying, peaking above $73M in a single hour and sparking a roughly 5% bounce. Persistent spot ETF inflows near $1.8B cumulative plus Evernorth's Nasdaq listing holding 473M XRP signal institutional accumulation. This dip-buying divergence supports a short-term rebound, though sustained recovery still requires follow-through demand.
Impact level
● Medium
Affected assets
XRP/USDT-2.37%
AI Insight · XRP/USDTAI Insight
▲ Bullish
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XRP draws $184M as traders bet against the crash. CryptoQuant analyst Darkfost flagged the activity on Binance after XRP fell below $1. 30.   The rebound that followed was about 5%.