XRP tumbles to $1.40 as deleveraging and macro risk weigh, even as whales and retail accumulate

XRP has slipped into a lower trading range around $1.39–$1.40 amid a wider risk-off shift in digital assets, with a roughly 2.9% 24‑hour decline reported and the Crypto Fear & Greed Index sitting deep in “Extreme Fear” territory, reflecting reduced short-term conviction among traders ^{[1] [2]}.

Derivatives metrics show falling open interest across major exchanges and liquidation spikes alongside soft taker volume, indicating leveraged XRP positions are being unwound market-wide; Binance remains the largest derivatives market for XRP ^[3].

On-chain and custody flows are mixed: several reports note renewed whale accumulation — with about 200 million XRP added over the past week — and retail demand driving parts of the recent price action, even as on-chain analysis warns the true local bottom may not yet have been reached ^{[4] [5]}.

In sum, market indicators point to deleveraging and macro-driven downward pressure while flows from retail buyers and returning whales have provided some support; near-term price direction will depend on whether demand outpaces continued technical weakness and reduced leverage ^{[1] [3] [4] [5]}.