XRP Slips 2% as Whale Accumulation and Escrow Release Shape Market Liquidity Dynamics

XRPUSDT has declined by 2.05% over the past 24 hours, trading at 1.8308 on Binance, with trading volumes around $1.98 billion. The price drop is primarily attributed to recent bearish momentum reflected by an RSI below 40 and rejection near the $1.91–$1.92 supply zone, as well as market anticipation ahead of Ripple's scheduled escrow release of 1 billion XRP. Exchange-held XRP balances have reached multi-year lows due to increased whale accumulation and a shift of tokens into cold storage and long-term products, reducing market liquidity. Despite the short-term downturn, institutional interest remains strong, with spot XRP ETFs reporting net inflows and continued engagement in trading contests and reward events. XRP currently ranks among the top cryptocurrencies by market capitalization, with a circulating supply of approximately 60.68 billion tokens.