XRP Institutional Interest Drops as Whales Accumulate

XRP faced a tough week as institutional interest cooled off significantly. ETF inflows plummeted by 93%, dropping to just $1.01 million compared to $14.86 million the previous week. This decline stands in stark contrast to Bitcoin and Ethereum, which saw massive institutional inflows during the same period as investors flocked to those assets.

Despite the lack of institutional enthusiasm, large individual holders appear to have a different outlook. On chain data shows that the largest wallets, specifically those holding between 100 million and 1 billion tokens, increased their supply share throughout the week. Smaller whale cohorts also resumed buying activity on August 6, suggesting that smart money is actively accumulating rather than retreating from the market.

Looking closer at the daily data reveals a more nuanced picture. While the weekly totals look bleak, institutional inflows actually turned positive on August 6. This same date saw a significant amount of XRP move off exchanges, which typically points to holders moving their assets into private storage for the long term. These signals suggest that the selling pressure may have been front loaded.

Investors should keep an eye on whether this early August shift in behavior marks a lasting trend. While institutional and retail sentiment currently seem disconnected, the alignment of whale accumulation and positive daily flow shifts on August 6 provides a potential signal to watch in the coming days.