- XRP records $2.41B in daily trading volume as traders anticipate a breakout.
- Ethereum whales accumulate $2.5B in ETH, the largest inflow since 2018.
- Trump Media files for Bitcoin and Ethereum ETF, adding political weight to crypto.
XRP’s recent volume surge to over $2.4 billion in a single day marks a renewed wave of trader engagement, hinting at an impending market move. With prices reclaiming the $2.26 level, technical analysts are closely watching the 50- and 200-day moving averages as potential launchpads for a breakout.
Meanwhile, Ethereum whales are showing significant confidence, with a staggering 818,410 ETH (worth $2.5 billion) flowing into mid-sized wallets on June 15 — the highest daily accumulation since 2018.
Crypto Confidence Returns: Institutional Inflows, ETF Ambitions, and XRP’s Breakout Watch
Institutional interest in digital assets is rebounding sharply, with crypto investment products pulling in $1.9 billion over the past week — the ninth consecutive week of inflows. Bitcoin dominated the scene with $1.3 billion, while Ethereum’s $583 million marked its largest inflow since February. Altcoins like XRP, Solana, and Sui also joined the rally, suggesting broader market optimism despite recent geopolitical and macroeconomic uncertainties.
The most eye-catching development is Trump Media’s filing for a dual Bitcoin and Ethereum ETF. If approved, this ETF would hold physical assets, be listed on NYSE Arca, and be backed by Crypto.com as custodian. The $2.44 billion private placement funding Trump Media secured also underscores how political forces may now accelerate crypto’s mainstream adoption through high-profile financial instruments.
XRP’s trading activity is signaling renewed momentum after being battered by bearish sentiment. The recent 41% jump in volume shows traders are either anticipating bullish news or hedging against upcoming volatility, particularly surrounding the Fed’s decision on June 18. If XRP breaks above $2.38, analysts believe the move could trigger a substantial upside, breaking out of its long-standing range.
Ethereum’s whale accumulation may be the most bullish signal yet for the asset, pointing to deep-pocketed confidence and potential price expansion. The inflow comes as ETH continues consolidating, with some analysts predicting a breakout toward $4,000 in the near term. Historical patterns suggest Ethereum could even mirror its past parabolic moves, possibly reaching five-figure territory if momentum holds.
With volume, institutional interest, and regulatory developments all aligning, the crypto market may be on the cusp of a major shift — and XRP, Ethereum, and Bitcoin are leading the charge.
“When the tide turns in finance, it’s often the bold who profit first.” — This moment in crypto reflects that shift, as early movers return to XRP, ETH, and BTC.
