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Such sudden price changes are often due to thin liquidity and can be exacerbated by fewer active traders during quieter hours. 

XRP remains in a $1.85–$1.91 range, with strong selling near $1.90 and consistent bids near $1.86, suggesting a potential decisive break ahead. 

The biggest single-day exit came from BlackRock’s IBIT, which saw $91.37 million leave the fund. Grayscale’s GBTC followed with a $24.62 million outflow.