XRP risks drop below $1, but onchain data highlights silver lining (opens original article in a new tab)

XRP is trading near its annual low of $1, but onchain data shows decreasing exchange reserves, sustained whale accumulation, and ETF inflows suggesting potential network strength.

• XRP is trading just above $1, its weakest price level of the year.
• Binance's XRP reserves fell to 2.68 billion as of June 25, with seven straight days of withdrawals exceeding deposits.
• Spot XRP ETFs attracted $243 million in inflows since April, and XRP whale flows remained positive.