XRP breaks $1.30 support as ETF AUM hits $1.11B and Ripple escrows 700M tokens

XRP slipped below the $1.30 support and traded near $1.26 while remaining inside a descending channel that has pressured price since mid-May. Ripple placed 700 million XRP into escrow across 500 million, 100 million, and 100 million transactions, and XRP ETFs recorded $4.13 million in inflows, lifting total AUM to $1.11 billion. Derivatives signals were split, with Open Interest up 2.12% to $985.63 million while Funding Rates fell 78.08% to 0.002696.