XRP Slides 6.7% as U.S. Spot ETF Outflows and Exchange Reserves Shift Impact Price

XRPUSDT experienced a 6.70% price decrease in the last 24 hours, falling from 2.2385 to 2.0886, as reported by Binance. The recent downturn follows mixed signals in the market, including the first-ever net outflow of $40.8 million from U.S. spot XRP ETFs on January 7 and a reduction in XRP exchange reserves, suggesting some investors may be moving funds off exchanges. Despite the dip, XRP has recently seen strong bullish momentum driven by consistent ETF inflows, increased institutional interest—highlighted by partnerships with major Japanese financial institutions—and ongoing regulatory clarity in the U.S. Market activity remains high, with 24-hour trading volume ranging from $4.2 to $8.19 billion and XRP holding the #4 position by market capitalization, currently around $127.6 to $135.05 billion.