
Ripple Transfers $100 Million in XRP, Exchange Reserves and ETF Inflows Show Bull-Bear Standoff
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Summary
Ripple transferred $100 million in XRP, creating a bull-bear standoff between exchange reserves and
BroadChain has learned that at 22:16 on April 21, according to CryptoNews, Ripple transferred 75 million XRP worth $100 million on-chain. Meanwhile, XRP exchange reserves climbed to 2.76 billion, forming a typical potential selling pressure bearish signal. However, during the same period, the U.S.-listed XRP ETF recorded a net inflow of $3.32 million, with institutional accumulation exceeding $200 million in the same window, actively withdrawing tokens from exchanges and tightening supply. XRP price is currently hovering above the key support level of $1.55, with a 20% surge in 24-hour trading volume to $2.9 billion, indicating a sensitive moment for market direction. If the $1.45 support holds and buying returns, the price may test the $1.50-$1.55 range; if it breaks below $1.35 with volume, the short-term uptrend will reverse, potentially causing a rapid decline toward the $1.20-$1.10 area.