06:10
XRP ETF吸金 $164 million in a single day but failed to offset liquidation losses, XRP is testing the key level of $2.20.
On Tuesday, XRP opened against a backdrop of mixed macroeconomic conditions, with significant Close Position in derivation on one hand and a historic rise in Spot ETF on the other. The combined inflow of funds on the first day for Franklin Templeton's XRPZ and Grayscale's GXRP reached $164 million, making it one of the strongest altcoin ETFs in recent years, and indicating a strong demand from institutional investors for regulated XRP exposure.
However, the derivatives market presents a completely different picture: the outstanding contracts on mainstream CEX plummeted from $1.7 billion to $504 million, reaching a 12-month low, leading to the liquidation of over-leveraged long and short positions, marking one of the largest liquidation events since mid-2022. Whale wallets also exerted pressure by selling approximately 180 million XRP, which aligns with the overall risk-off sentiment in the cryptocurrency market.
XRP-2.57%

