XRP is holding within a tight $1.39 to $1.40 range while the broader crypto market is collapsing, with losses of 5 to 12% across altcoins. Bitcoin plunged to $80,420, its October low, before stabilizing around $83,000. Forced liquidations wiped out $859.17 million in long positions, representing 86% of total losses of $1.06 billion in the derivatives market. U.S. authorities transferred 17,733 BTC ($1.484 billion) to Coinbase Prime, triggering massive selling pressure. XRP continues to attract sustained institutional inflows for 12 consecutive weeks, totaling $1.81 billion and surpassing Solana ETF flows ($1.59 billion), with XRPN trading on Nasdaq scheduled to begin on Monday, October 12.
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