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Altcoins & DeFi

Crypto XRP: Funds Hold Firm Despite Unrealized Losses

Image: Cointribune

The crypto XRP is going through a difficult period, but American crypto ETF investors do not seem in a hurry to reduce their exposure. On October 29, the token was trading around $1.29, nearly 25% below the funds’ estimated average acquisition price. Yet, their monitored holdings decreased by only 0.26% between October 23 and 28. Six spot ETFs still held approximately 1.17 billion XRP. The latest figures from XRP Insights reveal unusual resistance. Between October 26 and 28, the crypto funds monitored by the platform recorded a net decrease of 2.96 million XRP, about 3.9 million dollars. The decline remains limited. In early October, XRP ETFs had already experienced 3.28 million dollars in withdrawals concentrated in Bitwise .

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