XRP ETF sees $92.92 million in outflows within 24 hours, marking the largest single-day outflow in history.

According to CoinWorld, the XRP ETF experienced its largest 24-hour outflow ever, reaching $92.9 million, as institutional sell-offs intensified and the price dropped 6.42% to $1.74. The sell-off broke through the key support level of $1.80. Despite trading volume surging by 67.58% to $5.16 billion, bearish pressure continued to mount. This stands in stark contrast to the peak in institutional demand seen in January, when institutional interest pushed the ETF’s total holdings to $1.18 billion.