Large Ethereum holders have started buying again following significant sell-offs earlier in October. Addresses holding 100 to 10,000 ETH sold approximately 1.36 million coins between October 5 and 16, then repurchased nearly one-sixth of that volume. On-chain data shows individual wallets withdrew tens of millions of dollars worth of ETH from exchanges.

Ethereum's Estimated Leverage Ratio on Binance has reached 0.6–0.7, nearing historical peaks that typically precede significant volatility. Large holders accumulated approximately 218,000 ETH over the past week, data show. ETH traded near $3,935 at press time, with resistance at $4,000 and support around $3,800.

The REX-Osprey XRP ETF (XRPR) has surpassed $100 million in assets under management, marking a milestone for institutional XRP adoption in the United States. CME Group launched options on XRP futures after five months of futures trading that recorded over 567,000 trades totaling $26.9 billion in notional volume. XRP traded at approximately $2.56, reflecting a 3.49% increase over 24 hours.

XRP rose more than 5% to $2.56, recording its second consecutive daily gain. Trading volume climbed 11% to $3.62 billion. The advance followed withdrawal of over 18 million tokens from Binance reserves in the past week, data from CryptoQuant show.

XRP rose over 5.4% to approximately $2.57 following two institutional milestones. The XRPR spot ETF exceeded $100 million in assets under management, with nearly 40% coming from hedge funds and institutional portfolios, according to REX-Osprey. CME Group reported XRP futures contracts have generated over $26.9 billion in notional volume since launching in May.

Ripple has launched Ripple Prime, an institutional brokerage platform, following its $1.25 billion acquisition of Hidden Road completed in October 2025. The platform integrates multi-asset trading, custody, and collateral services with Ripple's payment infrastructure and RLUSD stablecoin. Michael Arrington, founder of Arrington Capital, described the acquisition as Ripple's smartest move to date, citing synergies between Hidden Road's brokerage capabilities and Ripple's blockchain technology.

Japan's 2023 Payment Services Act amendment restricts stablecoin issuance to banks and trust institutions, establishing a conservative regulatory regime. Experts warn the framework's exclusion of global stablecoins like USDC and its inward focus may constrain DeFi innovation compared to Hong Kong and Singapore's more open approaches.

Dogecoin traded at $0.1957 on October 23, with exchanges recording a net inflow of $8.46 million, marking a reversal from months of negative flows, data show. Open interest in DOGE futures has recovered to $1.73 billion. The token faces technical resistance at the $0.2025 Fibonacci retracement level, with support established at $0.1758.