XRP Sees $1.25 Billion Inflow, But Price Drop Continues

Recent data reveals a significant surge in speculative capital tied to Ripple’s XRP, with inflows exceeding $1.25 billion last week according to Glassnode. However, despite this influx, the XRP price continues to fall. The rise in capital could be linked to short-term trading strategies, as traders see potential for an upward move but remain cautious. This cautious approach is evidenced by a lack of momentum and a bearish market sentiment.