XRP reclaimed the $1.16 level this week, marking its strongest foothold above that threshold since early August. The move coincides with a noticeable shift in on-chain behavior: large holders have slowed the pace of tokens moving to exchange wallets, a pattern that typically signals reduced near-term selling pressure. At the same time, U.S.-listed exchange-traded products tied to the asset have posted a consecutive run of net inflows totaling roughly $285 million, according to fund flow trackers.

Data from blockchain analytics firms show that the seven-day average of XRP deposits to centralized exchanges has dropped to its lowest point in over a month. Wallets holding between 1 million and 10 million tokens , a cohort often used as a proxy for institutional or high-net-worth participants , have been net accumulators since mid-September. The decline in exchange-bound supply suggests that many of these entities are opting to hold rather than position for short-term liquidation.

The ETF inflow streak began in late September and has now extended across nine consecutive trading sessions. While individual daily figures have varied, the cumulative tally underscores sustained demand from traditional capital channels. The products involved include both physically backed and synthetic structures, with the largest share of new capital flowing into the former. Issuers have not disclosed a breakdown by investor type, but market participants note that the consistency of the flows points to allocation decisions rather than speculative positioning.

XRP’s price action has mirrored the supply-side shift. After weeks of trading in a tight $1.05,$1.12 range, the token broke above the upper bound on Tuesday with volume running 30% above the 20-day average. The breakout held through Wednesday’s session, with the asset briefly touching $1.18 before settling near $1.16. Technical analysts highlight that the move cleared a cluster of resistance tied to the 50- and 100-day moving averages, which had acted as a ceiling since July.