Whales sell and institutions buy in silence is what they want and the trap works

XRP saw $164 million of ETF inflows, but whales dumped roughly 180 million, OI cratered, and price now clings to $2.20. Support holds, or maybe bounce. Breaks are in the $1.88–$1.91 range. Hold tight.
Context in a Nutshell

XRP's long-awaited institutional moment arrived with $164 million in inflows into an ETF. However, the markets had other ideas, responding with a harsh wake-up call. Now, price is clinging to a crucial pivot at $2.20, and the next move could go either way.
What You Should Know
After a hot debut with $164 million in institutional inflows via spot ETFs (XRPZ by Franklin Templeton and GXRP by Grayscale Investments), XRP is now re-testing a key support level at $2.20.The surge in ETF demand has so far failed to fully counteract a wave of selling: derivatives open interest plunged to a 12-month low, after a large liquidation event.Compounding the pressure, some large "whale" wallets dumped roughly 180 million XRP, further weighing on the market even as institutional inflows hit the spot market.Technically, XRP broke down through the $2.24 zone and now hovers in the $2.20–$2.21 band. The next resistance lies around $2.24–$2.38, while a break below $2.20 could expose a drop toward $1.88–$1.91.
Why Does This Matter?
This is a stress test for the institutional-ETF thesis in crypto. XRP's new regulated-money pipeline showed it can draw capital, but only if demand outpaces large sell pressure. The outcome may influence how investors view altcoin ETFs going forward, and whether "structures" or "momentum flows" carry more weight.
The figure of $2.20 isn't just a price on the XRP chart; it is also a test. Holders and watchers: this week could decide whether XRP's ETF wave becomes a foothold or a false start.
#xrp #crypto #altcoins $SOL $ETH
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