Headline: XRP under $2 despite ETF buying — Evernorth’s huge accumulation now in the red, $1.50 downside risk if $2 isn’t reclaimed Ripple’s XRP has struggled to break back above the psychologically important $2 level for more than a week, and heavy selling pressure threatens a slide toward $1.50 unless buyers — especially institutions — step in and push price back over $2. What happened - Evernorth, a publicly traded company focused on accumulating XRP, bought 388.7 million XRP between Oct. 22 and Dec. 24 — about $947.1 million of tokens (CryptoQuant). That made Evernorth the largest such publicly traded accumulator of XRP. - During that period the market weakened: XRP fell from roughly $2.60 to $1.80. Analyst Maartunn says Evernorth’s position has swung from an unrealized $71 million profit into approximately a $225 million unrealized loss — a sign of fragile market conditions that could provoke capitulation by weaker holders. ETF flows and institutional demand - Despite the price slide and Evernorth’s paper losses, XRP spot ETFs have continued to show steady demand. Since launching just over a month ago, ETFs have posted net inflows every day, pushing total net assets to about $1.25 billion at press time (Sosovalue). - That disconnect — rising ETF inflows alongside sizable selling elsewhere — suggests that many large players remain bullish on XRP’s long-term outlook even as retail and some whales sell into the weakness. On-chain and market-flow indicators - Market-wide capital flow metrics point to more selling than buying: Capital Flow and Capital Flow Strength have been negative since late November and were roughly -42 and -14, respectively, at the time of writing (TradingView). - The Accumulation/Distribution Money Flow (ADMF) is also negative, indicating sustained distribution and seller dominance. In short, ETF demand has not been sufficient to offset outflows and selling pressure from other market participants. What to watch - Bear case: continued selling could push XRP toward $1.50. - Bull case / reversal trigger: institutions and buyers need to reclaim $2 and flip it to support to stabilize the market and set the stage for a rebound. Disclaimer This article is for informational purposes only and is not investment advice. Cryptocurrency trading carries high risk; do your own research before making any financial decisions. © 2025 AMBCrypto (sources: CryptoQuant, Sosovalue, TradingView; analyst Maartunn) Read more AI-generated news on: undefined/news