XRP rebounds 32% from $1 as ETF money pours in and whales reposition

XRP is on course for its strongest monthly gain in more than a year after recovering from below $1, even as a fresh pullback and heavy whale activity test the durability of the rally.CryptoSlate's data shows the token trading near $1.40 as of press time, down about 5% over the past 24 hours, after climbing as high as $1.70 during last week's broader crypto market surge.This price performance contrasts with the fact that XRP is on track for a roughly 32% gain in August, per CryptoRank's data. This would mark its best monthly performance since July 2025, when it advanced about 35%.The recovery has been accompanied by stronger demand for US spot exchange-traded funds and rising stablecoin activity on the XRP Ledger.Large holders, however, have also moved billions of XRP through Binance in recent weeks, creating competing signals over whether whales are accumulating or preparing to sell into the rebound.ETF inflows accelerate even as XRP retreatsInstitutional demand has continued after the initial price breakout, with US spot XRP ETFs recording about $23.87 million in net inflows on Aug. 25.The haul was the products' largest daily inflow since May 11, when they attracted $25.8 million,...