Large XRP holders bought 65.32 million tokens worth about $72 million between November 7 and November 11. At the same time, US spot XRP ETFs recorded $18 million in combined net outflows over two sessions, including $10.4 million on November 9 and $7.6 million on November 10. XRP trades near $1.04, down 35% from its October peak of $1.60, while its 14-day Relative Strength Index has fallen to about 23. Analyst Dark Defender nevertheless maintains a $10.11 target based on an Elliott Wave projection, but XRP would first need to reclaim the $1.12 and $1.21 levels to strengthen that bullish scenario. The article also covers the Bitcoin Hyper presale, which has raised more than $32 million ahead of its planned November 26 launch.
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