XRP is trading 3% down at $11.58 after Bitwise reportedly sold approximately $3.58 million of XRP holdings on August 6, 2026, adding fund-specific selling pressure.
- XRP is down 2.71% since the prior close.
- Bitcoin and Ethereum are down 0.63% and 0.53%, respectively, indicating broader crypto weakness but not a major market-wide selloff.
- Coverage also points to subdued XRP ETF flows.