business
XRP gives back gains after 10% rally as traders take profit near $1.25
Key takeaways
- After climbing as much as 10% and briefly trading near $1.25, the token ran into profit-taking that pushed it off session highs, putting the focus back on whether the breakout can hold rather than how far it can extend.
- • XRP ETFs recorded a second straight week of inflows, attracting $10.68 million and lifting cumulative inflows to roughly $1.44 billion.
- • South Korea's Upbit exchange accounted for 31% of XRP wallet-flow activity by June 14, up from 13% a week earlier, highlighting strong regional demand.
After climbing as much as 10% and briefly trading near $1.25, the token ran into profit-taking that pushed it off session highs, putting the focus back on whether the breakout can hold rather than how far it can extend.
• XRP ETFs recorded a second straight week of inflows, attracting $10.68 million and lifting cumulative inflows to roughly $1.44 billion.
• South Korea's Upbit exchange accounted for 31% of XRP wallet-flow activity by June 14, up from 13% a week earlier, highlighting strong regional demand.
Article preview — originally published by CoinDesk. Full story at the source.
Read full story on CoinDesk →
More top stories
Aggregated and edited by the Scoop newsroom. We surface news from CoinDesk alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop