Nine Straight Daily Losses Send XRP Below $1 as ETFs Shed $19M

XRP exchanged hands near $0.969 on November 14, 2026, marking a 4.88% decline over a 24-hour window, according to data from CoinGecko. The cryptocurrency slipped below the $1 threshold following nine consecutive daily losses, coinciding with US spot XRP ETFs suffering their largest weekly withdrawals in eight months.

At 15:35 UTC, the token held the sixth position by market capitalization, boasting a valuation of $61.55 billion. Financial pressure also weighed on Evernorth, the Nasdaq-listed XRP treasury enterprise, whose shares plummeted roughly 83% from their initial intraday peak.

XRP Falls Below $1 as Losing Streak Threatens to Reach Ten Days

When Did XRP’s Consecutive Daily Losses Begin?

According to U.Today’s coverage of the selloff, XRP’s sequence of nine completed losing days kicked off on November 5. A negative close on November 14 would stretch that downturn to ten days, marking the longest losing streak since the beginning of 2026.

Related: XRP Whales Send $900M to Binance in Biggest Inflow Since 2024

Dropping beneath $1 leaves a formidable recovery hurdle overhead. By Saturday afternoon, XRP had likewise breached the $0.99 and $0.97 price points highlighted in prior technical analysis, shifting market attention toward the next lower pricing band.

What Else Was Happening Across Markets?

The downturn materialized amid wider cryptocurrency market sluggishness and a strengthening US dollar. On Friday, the dollar index climbed to its peak level since April 2025, propelled by stronger-than-expected inflation metrics released earlier in the week.

Broader digital asset investment products also faced severe headwinds. Total crypto ETF redemptions reached $1.48 billion between November 4 and November 10, establishing a challenging operational environment for XRP funds as their individual outflows persisted.

XRP ETF Outflows Reach $19.13 Million in One Week

Which Trading Days Accounted for the Withdrawals?

US spot XRP ETFs shed $19.13 million during the week ending November 13, marking their second straight week of net outflows. BeInCrypto’s reporting on SoSoValue metrics highlights this weekly reduction as the steepest recorded in eight months.

The most substantial single-day redemption occurred on November 9, with $10.42 million exiting the investment vehicles—representing their highest daily outflow since early March—followed by an additional $7.62 million extraction on November 10.

Capital flows subsequently leveled off until a $1.09 million withdrawal was registered on Friday, November 13. The liquidation concentrated mostly in the early part of the week, with the concluding trading session appending a comparatively modest withdrawal.

How Unusual Was This Week for XRP Funds?

These capital departures arrived as November’s cumulative XRP depreciation touched 20%, referencing CryptoRank statistics cited within the reports. Consequently, fund investors grappled concurrently with a depreciating underlying asset and a consecutive week of capital flight.

Upcoming flow metrics will determine whether investor redemptions persist or if these products can recapture fresh capital. A pivot back to net inflows would alleviate one vector of selling pressure while XRP attempts to recapture the $1 mark, whereas continued outflows will sustain pressure on the recovery effort.

XRP Fund Assets Fall as Token Prices Weaken

Why Did ETF Assets Shrink More Than Net Withdrawals?

Aggregate net assets embedded within XRP funds dropped 14% over a single week, settling at $1.15 billion. The roughly $191 million reduction incorporated $19.13 million in net outflows, with falling token valuations driving the vast majority of the overall contraction.

This dynamic leaves fund participants vulnerable to a dual-pressure environment: investor redemptions diminish the capital pool housed within the products, while XRP’s devaluation erodes the market value of remaining portfolios. Stabilizing capital flows would remedy the initial pressure, though a market price rebound is necessary to counteract the primary driver of the week’s asset reduction.

Where Do Cumulative Flows Stand?

Since their inception, the funds have accumulated $1.79 billion in total net inflows. Their remaining net asset base of $1.15 billion places the most recent round of redemptions within the framework of a much broader investment foundation accumulated throughout the funds’ operating lifespan.

For the underlying token, the immediate question is whether these financial vehicles can resume attracting capital amidst a protracted downtrend. Registering the largest weekly withdrawal span in eight months demonstrates that the ETF apparatus actively compounded selling pressure as XRP surrendered the $1 threshold.

Read More: XRP Lending Needs Seven More Votes as Token Slips to $1.04

Large XRP Wallets Increase During the Selloff

What Is Santiment’s Accumulation Signal?

Santiment statistics referenced in the November 14 reporting place the quantity of addresses meeting its large-balance metric at 343,500. This address count expanded by 16,815 units, or 5.15%, across a nine-month period, punctuated by accelerated growth throughout November.

Analysts interpreted this expansion as evidence of accumulation by deep-pocketed holders during periods of market distress. Ongoing expansion within this specific demographic constitutes one of the foundational criteria for a projected recovery framework, alongside XRP reclaiming the $1 zone and Bitcoin stabilizing.

How Does Wallet Growth Fit Into XRP’s Price Decline?

XRP has surrendered in excess of 30% of its value across a seven-week window, prolonging a difficult trading epoch for the digital asset. Conversely, the growth in whale-tier wallets presents a potentially constructive development even as sellers retain market dominance.

For November’s potential recovery thesis, the immediate trial is whether this address expansion persists while XRP attempts to retake the $1 level. A sudden reversal in the growth trend of this cohort would invalidate one of the positive technical indicators identified in the market analysis.

Evernorth’s XRPN Shares Add Pressure to XRP Exposure

What Strategy Did Evernorth Bring to Nasdaq?

Evernorth breached public markets via a business combination with Armada Acquisition Corp. II. The entity launched operations holding roughly 473 million XRP alongside approximately $300 million in gross cash proceeds, according to CryptoPotato’s coverage of its Nasdaq introduction and subsequent descent.

Chief Executive Officer Asheesh Birla outlined an actively managed balance-sheet treasury plan designed to elevate “XRP per share” over time. Prominent institutional cryptocurrency enterprises including Ripple, SBI Group, Kraken, and Pantera Capital participated in the overarching transaction, lending established industry backing to the enterprise.

How Far Have Evernorth Shares Fallen?

XRPN shares plummeted roughly 83% from an introductory intraday peak near $53 down to sub-$9 levels. The magnitude of this contraction has transformed the company into another focal point for investors tracking XRP’s expansion into publicly traded financial instruments.

XRP traded near $1.40 at the time of Evernorth’s public market entry. The equity subsequently encountered downward momentum driven by weaknesses in its underlying reserve asset alongside structural developments tied to its internal financing and share allocations.

What Does the Resale Registration Cover?

Evernorth formally registered up to 73.69 million Class A shares for potential resale by pre-existing security holders. Approximately 19.1 million of those units represent issued Class A shares, while remaining securities necessitated formal conversions or exchanges, with portions continuing under transfer restrictions.

The regulatory filing authorizes prospective resales rather than confirming that holders have executed sales. XRPN dropped over 23% on November 10—the date the final resale prospectus became active—inflicting an additional sharp correction during an already turbulent inaugural trading month.

While the source material’s isolated stock quotes display inconsistent low-point sequences, the sweeping valuation decline from the initial debut peak offers a transparent baseline for comparison. For investors assessing corporate strategy, the resale registration highlights the volume and operational status of shares eligible for liquidation.

XRP’s November Weakness Follows an Extended Difficult Year

How Does the Selloff Fit Into Earlier 2026 Performance?

XRP concluded the first quarter of 2026 valued at $1.33 after suffering a 27.1% retreat, citing an April 1 report referencing CryptoRank. That performance represented its poorest Q1 showing since 2018, when the token shed 77.7% over the identical three-month period.

The latest breach below $1 extends this persistently challenging annual cycle. XRP’s all-time valuation benchmark stood at $3.65 on July 17, 2025, underscoring how far the asset trades beneath prior highs as November liquidations persist.

What Does the November–December Record Suggest?

Historical logs maintained by CryptoRank spanning 2013 through 2025 detail seven negative Novembers succeeded by six negative Decembers. Throughout 2025, XRP dropped 13.8% across November and an additional 14.8% during December.

This historical pattern provides market participants with negligible seasonal optimism, though November 2026 has yet to log its official monthly close. Persistent ETF outflows and a failure to re-establish the $1 price floor constitute the more pressing concerns as month-end approaches.

What to Watch for XRP Through November 2026

Which Levels Matter if XRP Keeps Falling?

Published technical assessments flagged the $0.93–$0.96 corridor as the subsequent support threshold following the loss of $0.97. With XRP hovering around $0.969 on Saturday afternoon, this lower tier serves as the primary tracking zone if selling pressure intensifies.

Prolonged downward action could expose the $0.80 line under technical models. A separate bearish framework identified $0.77—a threshold last tested in October 2025—should the loss of the $1 handle coincide with a deceleration in large-wallet growth.

What Would Strengthen XRP’s Recovery Scenario?

The primary barrier involves recapturing the $1 territory. One technical projection targets an initial rebound obstacle at $1.09–$1.11, while alternative readings frame $1.10–$1.15 as a prospective recovery zone, assuming continued accumulation among large wallets and stabilization in Bitcoin.

These potential setups rely on buyers successfully neutralizing the selling pressure responsible for generating nine completed losing days. The November 14 market close will determine whether the losing streak extends to ten sessions, while subsequent ETF flow reports will clarify whether recent redemption pressures are structural or transient.

FAQ

When Did US Spot XRP ETFs Launch?

The US spot XRP exchange-traded funds analyzed within the flow metrics debuted in November 2025. Consequently, the latest weekly redemptions occurred during their inaugural year of active trading.

Which Three Weeks Had Larger XRP ETF Withdrawals Than the Week Ending November 13?

The operational weeks ending January 23, January 30, and March 13 registered heavier capital withdrawals. According to cited data, these three weeks represent the only periods with larger weekly net outflows since the November 2025 product rollouts.

What Balance Qualifies a Wallet for the Cited Large-XRP Cohort?

The qualifying threshold requires holding a minimum balance of 10,000 XRP within a single wallet address. Santiment’s metrics monitor qualifying addresses collectively, meaning individual investors may operate multiple participating wallets.

When Did Evernorth Begin Trading on Nasdaq?

Evernorth’s official public market launch on Nasdaq occurred on October 12, 2026, following the closure of its corporate merger with Armada Acquisition Corp. II.

Which Companies Did Evernorth Select as Execution Partners?

Evernorth appointed Ripple, Coinbase, Kraken, and BitGo as strategic partners to execute operational plans aimed at deploying its massive XRP treasury into institutional-grade deployment structures.

What Are the Terms of Evernorth’s Convertible-Note Issue?

The corporation issued $30 million in 4% convertible senior notes to NH Investment & Securities, establishing an initial conversion price of $10.20 per share, which rests above the equity’s later sub-$9 trading valuation.

Which December Rose After a Negative November in the Historical Sample?

December 2015 serves as the sole historical outlier within the 2013–2025 CryptoRank dataset, registering a 43.8% gain after a declining November. It remains the lone positive December across the seven matching instances contained within that historical sample.

This article is for information only and is not financial advice.