Morning Crypto Update: XRP Attracts $164 Million for ETF, Shiba Inu (SHIB) Maintains Stability, Major $1.75 Billion Bet on Bitcoin Price Increase

As the market opens on Tuesday, the atmosphere is charged with anticipation ahead of upcoming Producer Price Index (PPI) and Consumer Price Index (CPI) reports. Most cryptocurrencies are trading within a tight range, suggesting that even a slight movement can shift market sentiment.

Key Takeaways

XRP recorded $164.04 million in ETF inflows, bringing total cumulative inflows to $586.7 million.
Shiba Inu (SHIB) shows signs of stability, maintaining a price base prior to potential upward movement.
A single trader opened a $1.75 billion bullish position in Bitcoin options for December 2025, betting on Bitcoin reaching the $100,000-$118,000 range.

XRP takes center stage, bolstered by the highest ETF inflow of the month, while SHIB is consolidating at a familiar price point similar to previous rebounds. Additionally, the Bitcoin options market has witnessed a remarkable trade involving a $1.75 billion position aimed at projections for December 2025.

XRP Leads with Strong ETF Inflows

On November 24, XRP attracted a substantial $164.04 million in daily ETF inflows. These inflows have accumulated to $586.7 million, raising total net assets to $628.62 million. This significant uptick in investment places XRP back in a dominant position while many other large-cap assets remain stagnant.

Recent inflow data indicates that the ETF market is quite active at the moment.

XRP Inflow Spike
Source: SoSoValue

As a result of the inflow, trading volume increased, with $87.84 million in transactions, marking the highest volume in over a week.

XRP is currently trading in the $2.19-$2.23 range, still below its earlier November highs of $2.38-$2.52. However, with ETF activity being a crucial demand factor, XRP may maintain its advantage despite a generally uncertain market.

Shiba Inu (SHIB) Exhibits Classic Stability

Shiba Inu (SHIB) has settled into its typical zero-drop formation, characterized by sudden upward movements and a persistent price floor that avoids significant decline. This pattern resembles previous formations that preceded notable price rallies over the last couple of years.

SHIB's price has lingered in the $0.0000098-$0.00001 range for most of November. However, it has recently stabilized and begun moving sideways without setting new lows.

SHIB/USD Chart
SHIB/USD by TradingView

During this stage, SHIB tends to build pressure, with reduced trading volume and small price movements forming a base ahead of volatile shifts driven by external news or market derivatives.

As key dates in Coinbase’s futures calendar approach in December, SHIB is poised where even a minor catalyst could lead to a rapid price surge.

Bitcoin's Stealth Bet Signals Bullish Outlook

Bitcoin’s noteworthy move this Tuesday doesn’t appear in standard price charts; instead, it was revealed on Deribit. A trader made headlines by opening a 20,000 BTC call-condor position set for December 2025, valued at approximately $1.75 billion. This bet is among the largest long-term bullish positions seen this year.

The trader’s strategy indicates an expectation that Bitcoin will rise to the $100,000-$118,000 range by late 2025, with peak profits occurring if the price sits in the middle of this range. Once Bitcoin surpasses $118,000, profit potential levels off.

This approach suggests a controlled upside rather than speculative extremes.

Multiple large blocks of this trade were executed on Deribit through Paradigm, clearly signaling long-term bullish sentiment but without indications of an explosive breakout. Investors appear to be preparing for a more gradual ascent, avoiding erratic movements.

Currently, Bitcoin is trading around $87,000-$87,500, still trapped below the broad resistance of $90,000-$92,500. Nevertheless, the actions in the options market suggest that significant investments are being anticipated for the next year.

Tuesday Market Summary

Bitcoin (BTC): Trading between $87,000-$87,500; resistance at $90,000-$92,500, support at $85,000, and then $82,000.
Shiba Inu (SHIB): Trading around $0.00000818; downward pressure at $0.0000089-$0.000009, with support at $0.00000812 and then $0.0000078.
XRP: Trading in the range of $2.19-$2.23, resistance levels at $2.35-$2.38, and support at $2.12 followed by $2.00.