XRP large holders purchased 65.32 million tokens worth $72 million between November 7 and November 11, according to XrpScan data. Simultaneously, US spot XRP ETFs recorded net outflows of approximately $18 million across two consecutive sessions on November 9-10, with Grayscale's GXRP accounting for $7.2 million of the November 10 redemption. XRP trades near $1.04, down 35% from its October high of $1.60. The token's 14-day RSI has dropped to 23, signaling oversold conditions, while the next major support lies at $0.9852. Crypto analyst Dark Defender maintains a $10.11 price target based on Elliott Wave projections, though XRP would need to climb approximately 869% from current levels to reach that level.

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