XRP sees huge $1.25B inflow, but can it shake off bearish market trends?
The post XRP sees huge $1.25B inflow, but can it shake off bearish market trends? appeared on BitcoinEthereumNews.com.
Ripple’s XRP Hot Capital jumped 134% in a week, hitting $2.17 billion — yet bearish pressure persisted. Despite the capital surge, market sentiment stayed bearish, with sellers firmly in control. Over the past week, Ripple’s [XRP] witnessed a dramatic inflow of speculative capital, even as market sentiment turned increasingly bearish. Hot Capital spikes, but still lags past highs According to Glassnode, XRP Hot capital spiked from $0.92 billion to $2.17 billion. This marked a $1.25 billion increase, a surge of +134.9% within a week. Naturally, this suggests rising speculative interest, with investors entering short-term trades expecting a price rebound. Source: Glassnode Despite the significant increase in capital inflow, the current metric is still about 72% lower than its peak of $7.66 billion in December 2024. This indicates that market enthusiasm has not yet returned to previous peak levels, suggesting there is still considerable room for growth. To match the speculative frenzy that the market experienced in late 2024, XRP requires nearly $5 billion in additional capital. The surge in short-term investment capital flowing into XRP indicates renewed interest in the altcoin. Historically, a surge in demand leads to higher prices. When the metric last peaked, XRP surged to $3.4 by January 2024. So, renewed capital flow could, in theory, fuel another breakout. Price performance doesn’t reflect the capital surge While Hot Capital is showing signs of recovery, XRP is struggling on its price charts as bearish sentiments take hold. In fact, XRP has dropped on daily and weekly charts, dipping by 2.65% and 1.62% respectively. The ongoing decline suggests that the XRP markets currently lack genuine demand, as most buyers have withdrawn from the market. Consequently, the altcoin’s Taker Buy-Sell Ratio has remained negative throughout the past week. This trend indicates that buyers have stepped back, allowing sellers to dominate…
Filed under: News - @ April 30, 2025 8:27 pm