Cryptocurrency funds saw $288 million in outflows recently, but XRP and Solana managed to hold their ground amid the broader market selloff.
While Bitcoin and Ethereum slipped, XRP and Solana showed resilience, attracting investor interest despite the bearish sentiment.
Market Overview
The crypto market has been under pressure from tariff uncertainties and macroeconomic concerns. However, certain altcoins are showing relative strength.
XRP was priced at $1.36, down 1.8% over 24 hours — better than the broader market. Solana traded at $78.74, down 6.1%, but held above key support levels.
Whale Activity
Despite institutional outflows, whale activity remains interesting. One large investor deposited $2 million in USDC and opened a 20x leveraged long position on Solana, signaling conviction in a potential rebound.
Another whale was found to have added millions in positions on both SOL and ETH through Hyperliquid perpetual exchange.
What It Means
The divergence between institutional fund flows and whale positioning suggests retail and high-leverage traders see value at current levels. If support holds, altcoins could lead the next rally.