XRP Price Slumps Amid Weak Institutional Demand

XRP is facing continued selling pressure, losing about 2% over the past week and 2.5% over the last month due to declining institutional interest and negative market sentiment.

Data from CryptoQuant and Binance shows a significant outflow of XRP from centralized exchanges, indicating weak bullish momentum and increased selling activity.

Despite some whale accumulation and short-term positive signals, XRP's price remains subdued around $1.10, down from highs above $3.