XRP institutional accumulation data indicates a clear decline in institutional accumulation activity during May, coinciding with the coin's price falling to around $1.38. According to the data, the indicator dropped to approximately -0.0059, returning to negative territory after a period of relative improvement during April. This may reflect a slowdown in the pace of accumulation by large investors or institutions.

The data shows that the indicator had been gradually rising since late March, entering positive territory as the XRP price improved and rose to around $1.45 during April. The indicator also maintained relatively positive readings for a period, reflecting more stable buying activity compared to the previous period, which saw a clear weakening of momentum.

However, the recent decline of the indicator into negative territory may indicate a slowdown in accumulation activity or that the market has entered a phase of caution and reassessment, especially given the price drop in recent days. In many cases, weak institutional accumulation is linked to a decrease in momentum and stabilization of liquidity rather than a strong influx of new capital into the market.

Despite this decline, the index remains close to neutral territory, indicating that the market has not yet entered a phase of strong distribution or widespread institutional exit. Therefore, any return of the index to positive territory in the coming period could be considered an early sign of renewed accumulation activity and a return of confidence in the XRP market among major investors.

Written by Arab Chain