XRP ETF inflows have experienced a significant decline, plummeting from $60.5 million in mid-May to zero by May 27. This sharp drop reflects a broader cooling of interest in altcoins within the cryptocurrency market. Despite the downturn, XRP has shown a slight increase of 1.5% after hitting liquidity at $1.27, indicating some resilience. Notably, outflows from exchanges reached $16.54 million, suggesting that holders are opting to withdraw rather than liquidate their positions, which could be seen as a mildly bullish sign. In contrast, a long squeeze led to $18.18 million in long liquidations, highlighting the fragility of current market positioning, with a long/short ratio among top traders leaning heavily towards long positions. However, broader market sentiment remains bearish, with open interest at $3.01 billion, well below previous highs, which may limit potential recovery. To confirm a bullish reversal, XRP needs to reclaim key EMA levels, particularly above $1.3688.