For the sake of #XRP love, drop a number from 10-1000 in the comments, I'll draw a random raffle after 72 hours, and the lucky number gets 500 $XRP ๐
Make sure to follow me @LedgerFlowX
โข Range breaks that looked impossible yesterday
โข Altcoins lag, then rotate hard
โข Dips get bought fast as fresh liquidity hits exchanges
Not an instant pump. Not retail FOMO.
This is liquidity positioning before a move.
On May 11, Tether Treasury newly minted 1,000,000,000 $USDT on the Tron blockchain, equivalent to approximately 999.6 million USD.
Source: On-chain data
What to expect:
โข BTC starts grinding up quietly
โข Volatility expansion and short squeezes
XRP Spot ETFs Record $34.21M Weekly Inflows
Last week (May 4โMay 8), #XRP spot ETFs saw $34.21 million in net inflows.
The ETF with the strongest inflows was XRPC (Canary), bringing in $13.54 million for the week. Its total historical inflows now sit at $438 million.
Close behind was Bitwiseโs $XRP ETF, with $12.36 million in weekly inflows, pushing its cumulative total to $434 million.
As of now, the combined net asset value of XRP spot ETFs is $1.12 billion.