XRP Faces Sharp Decline Following Scheduled Token Release

The first trading days of December delivered a harsh reality check for XRP holders, as the digital asset’s value plunged nearly 8% to hover around $2.00. This significant drop coincided with Ripple’s monthly procedure of releasing one billion tokens from escrow, sparking renewed debate about near-term price pressures.

A striking divergence is unfolding in the market. Even as the price retreated from $2.46 to approximately $2.02, institutional investment products tied to XRP witnessed substantial inflows, exceeding $644 million. This pattern suggests large-scale investors may view the dip, particularly below the $2.10 level, as a strategic buying opportunity.

However, on-chain data reveals heightened anxiety among a broader set of market participants. Trading Read more...