XRP (XRP) Breaks 80-Week Inflow Streak, Recording a Record $37.2 Million Outflow

The token is trading at $2.28 at press time, down 2.6% in the past 24 hours, and has remained within a narrow seven-day range of $2.29 to $2.40.

The price of XRP is coming under pressure as a key inflow streak has come to an end, according to data from CoinShares.

This pattern of sustained inflows had spanned an impressive 80 consecutive weeks, but it finally reached a turning point last week with a record outflow of $37.2 million.

Despite this shift, the total year-to-date outflows for XRP reached $28.6 million, and the year-to-date numbers were still positive, with $226 million in inflows and $1.36 billion held in XRP products.

This development occurred in tandem with an apparent increase in institutional interest in other digital assets.

Bitcoin (BTC) led the way with $2.9 billion in inflows last week, followed by Ethereum (ETH) at $326 million.

Meanwhile, Cardano (ADA), Sui (SUI), Solana (SOL), and Litecoin (LTC) also recorded significant inflows, highlighting a rotation in investor sentiment.

SUI, for example, attracted $2.9 million last week and has $23.9 million in YTD inflows.

Overall, the broader digital asset market recorded inflows of $3.3 billion last week, bringing the six-week total to $10.5 billion and pushing year-to-date inflows to a record $10.8 billion.

CoinShares attributed this increase in demand to rising treasury yields and concerns about the U.S. economy after Moody’s downgrade.

Shifting Focus: Capital Flows Out of XRP Despite Long-Term Interest

The sustained interest in Bitcoin is no surprise given its status as the largest cryptocurrency and a safe-haven asset.

However, the strong inflows into Ethereum are noteworthy as they continue to accumulate rapidly.

Moreover, the emergence of new contenders like Sui is evident in the YTD numbers.

Considering that Sui's total year-to-date outflows are nearly triple those of Solana, despite a single week of inflows, highlights the swift and decisive nature of capital shifts in the crypto market.

As for XRP, the short-term trend appears bearish, especially with signs of capital rotation and a decrease in derivatives metrics.

In the past day, open interest declined slightly by 0.8%, while derivatives volume fell 8.48% to $2.87 billion, according to Coinglass data. A decline in derivatives volume typically indicates less speculative activity, while stable open interest indicates that traders are holding onto their existing positions without taking on a sizable amount of new risk.

From a technical perspective, XRP appears to be in a consolidation phase with signs of bearish momentum.

The relative strength index stands at 46.6, now in neutral territory. Several moving averages signal a downtrend. The 10-day and 20-day EMAs are both below the current price and show a “sell” signal, alongside the MACD and momentum indicators.

The Bollinger Bands show price hugging the lower band, indicating increased volatility and the potential for a breakout, though the direction remains uncertain.

Further declines toward the 200-day simple moving average at $2.26 may be possible if XRP is unable to maintain above the 100-day SMA, which is around $2.28.

Although there is still long-term institutional interest in XRP, its short-term trend warns of caution. A break below current support levels could accelerate losses, especially if capital rotation into other altcoins continues.