Ethereum·CryptoSlate· 9h ago

XRP leverage collapses 78%, but $1.4B in ETF money still won’t leave because of Ripple’s expanding footprint

XRP leverage collapses 78%, but $1.4B in ETF money still won’t leave because of Ripple’s expanding footprint

The Big Coin Report Take

XRP's recent price action has effectively flushed out the leveraged speculators, leaving behind a more resilient, if perhaps stubbornly optimistic, investor base. Apparently, $1.4 billion in ETF money still sees something in Ripple's "expanding footprint," even as the asset itself continues its downward trend. Some narratives, it seems, are harder to shake than others.

Never miss a story

More from this section