XRP Faces Major Declines Amid Market Turmoil Despite Steady ETF Investments

XRP's leverage has plummeted by 78%, indicating increased risk exposure amid a broader crypto market downturn. Despite over $50 billion in unrealized losses and 60% of XRP supply in negative territory, $1.4 billion in ETF holdings remains intact, highlighting sustained institutional interest. Watch for potential market stabilization or further decline as Ripple's global footprint continues to influence investor sentiment.