Such concentrated buying pressure can tighten available supply in the near term if sustained, particularly in markets where sell-side liquidity has already been reduced by earlier liquidations.
ETF Inflows Point To Ongoing Institutional Accumulation
The rise in spot activity has occurred alongside steady institutional flows into XRP investment products.
Since their launch in mid-November, XRP exchange-traded funds have attracted $1.1 billion in net inflows and have recorded positive weekly flows with only limited periods of net redemptions.
That trend diverges from bitcoin-focused funds, which have seen $1.3 billion in net outflows so far this year, suggesting a rotation of capital rather than a broad withdrawal from digital assets.
Expectations that additional asset managers could introduce XRP-linked products in 2026 have also contributed to the perception of building demand from long-term allocators.
Mid-February Losses Reset Market Positioning
The increase in buying followed a mid-February drawdown that resulted in approximately $1.93 billion in realized losses for XRP spot traders.
Market resets of this scale have historically coincided with the exit of short-term and leveraged positions, reducing immediate sell pressure and allowing new accumulation phases to form.
Such cycles are typically viewed by market participants as a structural repositioning rather than a sign of weakening underlying demand.
Exchange Expands XRPL Liquidity Strategy
Bitrue said it is adjusting its near-term business strategy to position itself as a key liquidity venue for assets within the XRP Ledger ecosystem.
The plan includes expanded support for XRP-based trading pairs and additional integration of RLUSD as a base pair.

Murtuza is a seasoned finance journalist with extensive experience covering cryptocurrencies and blockchain technology. He has contributed to Benzinga and Cointelegraph, among other publications, reporting on emerging trends, the regulatory landscape, and more. Find him at @murtuza_merc on Twitter and mmerchant001 on Telegram.
Disclosure: Murtuza holds ATOM, AKT, TIA, INJ, and OSMO.