The cryptocurrency market is witnessing a significant shift as 1.23% of the XRP supply has become locked in ETFs, creating a supply crunch. This development coincides with Bitcoin facing challenges due to a liquidity trap following the recent expiration of $8.47 billion in options.
Additionally, a dormant whale, holding a staggering 1.66 trillion Shiba Inu coins, has started to offload a portion of their assets, further impacting market dynamics.