XRP drops to $1.32 as sellers overpower exchange outflows
XRP fell to $1.32, its weakest level in more than three months, after heavy selling overpowered exchange outflows. Tokens moving off exchanges typically signal accumulation, but price action suggests sellers are still in control when XRP attempts to recover. More than 25 million XRP left exchanges following a large inflow earlier in the week, and spot XRP ETFs recorded fresh inflows that brought cumulative flows to about $1.42 billion.
That demand has not yet been enough to reverse the downtrend, as leverage was heavily flushed during May and most high‑risk long positions were liquidated when XRP bounced from the $1.28 area. Price dropped from $1.3384 to $1.3208, hitting a 15‑week low on volume of 55.03 million that pushed the token through support near $1.3320.
Selling later extended toward $1.314 before a modest bounce returned XRP toward $1.32.
xrp, $1.32, price drop, exchange outflows, spot etfs, etf inflows, cumulative flows, liquidations, leverage, 15-week low