Short Selling Wave of XRP: When Major Investors Change Their Stance

In the context of XRP ETF continuously recording inflows, a large-scale short-selling move by ChartFu - an influential figure on the X platform - is causing controversy within the crypto community. Currently, XRP is trading at $2.04, down 2.42% in 24 hours, reflecting market uncertainty as traders consider the next trend.

Notable Investors Publicly Reveal Bearish Strategies

ChartFu has disclosed that he is engaging in short selling XRP, a decision seen as a sign of pessimism about the future of this coin. When this announcement was made, XRP was around $1.92 and had experienced a 2% decline during that trading session. The token previously hit a low of $1.84 before beginning efforts to recover its price.

In response, other experts such as analyst Valerioshi expressed surprise at this bearish forecast and indicated he is considering buying a large amount of XRP. ChartFu responded by saying better trading opportunities will appear in the near future. However, his bearish stance remains unchanged.

Additionally, crypto analyst Crypto Xanax offered a critical argument, warning investors not to participate in XRP trading due to its poor performance.

ETF Inflows Continue and Major Players Accumulate

Data from SoSoValue shows a different picture: since XRP ETF started trading in November last year, total inflows have reached $1.1 billion. Five ETFs issued by Canary, 21Shares, Grayscale, Bitwise, and Franklin are currently on the market with a total asset value of $1.12 billion.

Notably, these funds have continuously recorded inflows since launch, with no outflows observed. This suggests that XRP supply may be tightening, a factor that could support its price in the future.

Another X commentator named Rebel also noted that XRP ETF has recorded inflows for 20 consecutive days. Although Rebel himself lacks confidence in XRP, he pointed out that major investors are actively buying in significant volumes.

Smart Investors Favor XRP

Another interesting event is that YoungHoon Kim - believed to have the highest IQ in the world - recently shifted to an optimistic view of XRP. Since first mentioning the coin on December 12, he has repeatedly expressed positive opinions, even predicting XRP could reach $100 within five years.

However, not everyone agrees. Trader Peter Brandt called those who are always optimistic about XRP overly optimistic and uninformed. Meanwhile, XRP supporters argue that the coin attracts investors interested in payment infrastructure, liquidity, and regulatory frameworks, rather than just speculation and hype.

Clearly, the XRP market is divided between short sellers and long-term investors, with continuous ETF inflows and opposing viewpoints creating a highly volatile trading environment.