etc. Keep all tags.
Let me write the translation paragraph by paragraph.
First paragraph: "XRP spot ETF products attracted $131.94 million in May, their best month of 2026, according to SoSoValue. The flows stand in sharp contrast to the rest of the market: Bitcoin ETFs shed $2.43 billion over the same period, and Ethereum funds lost $540.88 million. Since launch, XRP ETFs have posted only one negative month — a $31.16 million outflow back in March."
Translation: "XRP spot-ETF-produkter tiltrak 131,94 millioner dollars i maj, deres bedste måned i 2026, ifølge SoSoValue. Strømmene står i skarp kontrast til resten af markedet: Bitcoin-ETF'er tabte 2,43 milliarder dollars i samme periode, og Ethereum-fonde mistede 540,88 millioner dollars. Siden lanceringen har XRP-ETF'er kun haft én negativ måned — en udstrømning på 31,16 millioner dollars tilbage i marts."
Second paragraph: "The May haul isn't a one-off. Early June saw another $4.13 million trickle into XRP ETFs, even as the token's price slipped. That resilience suggests institutional interest hasn't faded, despite the broader crypto downturn. Bitcoin ETFs, by comparison, have been bleeding since early spring. Ethereum funds aren't faring much better."
Translation: "Majs indtægt er ikke en engangsforeteelse. Tidligt i juni sivede yderligere 4,13 millioner dollars ind i XRP-ETF'er, selvom tokenets pris faldt. Den modstandsdygtighed tyder på, at institutionel interesse ikke er aftaget, på trods af den bredere kryptonedtur. Bitcoin-ETF'er har til sammenligning blødt siden det tidlige forår. Ethereum-fonde klarer sig ikke meget bedre."
Third paragraph: "On May 26, CryptoQuant flagged that XRP liquidity on Binance had dropped to its lowest level since January 2020. That thin order book means large trades can move the market more easily — a double-edged sword for traders. Analyst ArabxChain noted the low liquidity could make the market more sensitive to sudden price moves."
Translation: "Den 26. maj påpegede CryptoQuant, at XRP-likviditeten på Binance var faldet til sit laveste niveau siden januar 2020. Den tynde ordrebog betyder, at store handler kan flytte markedet lettere — et tveægget sværd for handlende. Analytiker ArabxChain bemærkede, at den lave likviditet kunne gøre markedet mere følsomt over for pludselige prisbevægelser."
Fourth paragraph: "Long-term XRP holders appear unfazed by the price drop. The hodler net position change rose to about 264.67 million XRP on June 2, up from roughly 216.56 million on May 31 — a 22% increase in a few days. That accumulation into weakness signals conviction, not panic. Meanwhile, selling volume has been rising since May 30, suggesting retail traders may have been dumping."
Translation: "Langtidsholdere af XRP ser ikke ud til at blive påvirket af prisfaldet. Langtidsholdernes nettopositionsændring steg til omkring 264,67 millioner XRP den 2. juni, op fra cirka 216,56 millioner den 31. maj — en stigning på 22% på få dage. Den ophobning under svaghed signalerer overbevisning, ikke panik. I mellemtiden er salgsvolumen steget siden 30. maj, hvilket tyder på, at detailhandlere kan have solgt ud."
Fifth paragraph: "XRP dropped roughly 53% earlier in 2026, then traded inside a rising parallel channel since early February. The recent sell-off tested the channel floor: XRP fell to $1.18 before bouncing to near $1.21, holding better than Bitcoin and Ethereum. The bullish path requires staying above $1.20 and reclaiming $1.28 and $1.35 — the latter aligns with the 0.618 Fibonacci level, hinting at a potential 12.5% rebound. Lose the floor at $1.18, and support comes in at $1.11 and then $0.95. A bearish trigger would be if ETF inflows stall and holders turn sellers while Bitcoin continues to drag the market."
Translation: "XRP faldt omkring 53% tidligere i 2026, og handlede derefter i en stigende parallel kanal siden begyndelsen af februar. Det seneste salgspres testede kanalens bund: XRP faldt til $1,18 før det hoppede til nær $1,21 og klarede sig bedre end Bitcoin og Ethereum. Den bullish vej kræver, at prisen forbliver over $1,20 og genvinder $1,28 og $1,35 — sidstnævnte flugter med 0,618 Fibonacci-niveauet, hvilket antyder en potentiel stigning på 12,5%. Hvis bunden på $1,18 mistes, kommer støtte ind ved $1,11 og derefter $0,95. En bearisk trigger ville være, hvis ETF-tilstrømningen stopper, og holdere bliver sælgere, mens Bitcoin fortsætter med at trække markedet ned."
Note: In Danish, decimal points are commas. So $1.18 becomes 1,18 dollars. But careful: in the original text, it's written as $1.18. I'll use Danish formatting: 1,18 dollars. However, sometimes in financial texts they keep the dot. To be consistent with the numbers earlier (131,94 million), I'll use comma. Also for $0.95 -> 0,95 dollars.
Also "bearish" is commonly used in Danish crypto, but I can write "bearisk" or "nedadgående". I'll
