Foreign media reports that XRP has continued to decline recently, with the price falling back to around $1.16, a drop of more than 4.64% in the past 24 hours. However, on-chain and institutional funding data show that some investors are still accumulating at low prices.

Exchange reserves decline

CryptoQuant data shows that Binance's XRP reserves have decreased from over 3 billion at the end of 2025 to approximately 2.71 billion. A reduction in the amount of XRP available for trading on exchanges typically means that more tokens are being transferred out and held for the long term.

ETF funds are still flowing in.

Data tracking the spot XRP ETF shows that the product has consistently recorded net inflows over the past few weeks. Inflows have exceeded $10 million on several trading days, and approached $25 million on some days.

Prices are still being dragged down by Bitcoin.

Despite declining reserves and ETF inflows, XRP has not escaped a broader market correction. The article argues that the current trend resembles a quiet accumulation of funds, but its price performance remains suppressed by Bitcoin's adjustment.