XRP holds $1.25 as Evernorth's rumored $655M purchase stays unconfirmed
- —Rumor of a $655M Evernorth XRP purchase went viral on X with no official confirmation
- —XRP has fallen 13% this month to $1.25, testing its September low as support
- —Spot XRP ETFs ended a 13-week inflow streak with a $1.84M weekly outflow
- —XRP long/short ratio rose to 1.06, its highest in over two weeks
Why it matters: If the rumored purchase fails to materialize, late longs at $1.25 risk a bull trap, with $1.20 as the next key support.
Source: AMBCrypto