Reports of high-volume institutional buying are trending, especially after XRP fell below the $3 price level on Monday. The leading altcoin fell below $3 level after nearly two weeks in the charts. The dip is making traders take entry positions as it’s now at its weekly low. The dip in price comes after Bitcoin plummeted 3% in the last 24 hours, falling to a low of $115,000. Ethereum also fell to the $4,300 range after climbing above the $4,500 level. ETH is now down nearly 5% and showing weakness in the indices.
The latest data from the Mitrade trading platform shows that institutional accumulation in XRP futures has reached more than $3 billion. In addition, XRP-based investment products saw an influx of funds worth $37.7 million in Q1 of 2025. Financial institutions are quietly positioning themselves in Ripple’s native cryptocurrency for bigger returns, initiating new strategies. This has made the altcoin gain positive sentiments despite its price dipping below the $3 mark.
Also Read: XRP Falls Below $3: Is This Your Chance to Buy Low, Sell High?
Institutional Buying To Push XRP Above $8?
As the bullish sentiment builds, some analysts are setting sights as high as $8, echoing the 2017 breakout cycle. The increased institutional accumulation in XRP signals a bigger price move as clients realign their portfolios in preparation for the SEC vs Ripple lawsuit. The regulatory and legal shifts could propel the altcoin to a new high, making it soar in the charts in the coming months.
Also Read: Ripple (XRP) May Be Moving Towards a $1 Trillion Market Cap
However, the amount of liquidation is also a cause of concern as institutional sell-off in XRP could be damaging. A profit booking worth more than $3 billion could send Ripple’s altcoin dwindling in the charts, affecting retail investors. If XRP reaches $8 someday, the sell-off would be huge from present-day investors as the profits would be much higher. Nonetheless, taking an entry position into the altcoin below the $3 mark is still considered a good investment.