XRP tests $1.31 as ETF demand clashes with spot selling

- XRP is at $1.31, a 15-week low, while ETFs happily collect $1.42B in inflows. The disconnect? Spot sellers are dumping harder than bulls can buy. Exchange outflows of 25M tokens look like accumulation, but they’re just hiding from the carnage. Liquidity on Binance is drier than a regulator’s soul, and leverage is high. SoSoValue says "buy," but the order book says "sell." Until XRP reclaims $1.34, those ETF flows are just paper promises. The market doesn’t care about your wrapper demand; it cares who holds the bag right now. Stop romanticizing the dip and watch the spot volume.