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XRP price falls to $1.33 as whale inflows hit seven-month high

XRP price falls to $1.33 as whale inflows hit seven-month high

Photo: crypto.news

XRP has fallen back toward $1.33 after another unsuccessful attempt to reclaim $1.40, with rising whale deposits to Binance and weakening ETF inflows adding to concerns about selling pressure. XRP fell approximately 2% to $1.33 on October 22 after failing to sustain its recovery toward $1.40. Whale transfers to Binance reached a reported monthly average of $112.4 million, the highest since March. U.S. spot XRP ETFs attracted just $708,520 on October 21 following two sessions without reportable flows. XRP Ledger's fixCleanup3_4_0 amendment has been delayed until November after losing its required validator majority.

Also reported by BeInCrypto.

Source: crypto.news

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