XRP rallied 8.22% in three days after whales accumulated roughly $2.2 billion worth of XRP, while on-chain data highlights $1.60 as a key level.
XRP has risen 8.22% over three days following a period in which large holders accumulated more than $2 billion worth of XRP, while on-chain data identifies $1.60 as a major concentration of previously transacted supply.
The whale accumulation was reported in a September 19 update using Santiment data. According to the figures, large XRP holders accumulated approximately 1.54 billion XRP over a 96-hour period, valued at roughly $2.2 billion at the prices used in the analysis.
The accompanying whale-balance chart shows holdings increasing from around 8.1 billion XRP before the accumulation period to approximately 9.7 billion XRP by September 19. The largest increase occurred between September 16 and September 17, with holdings remaining elevated over the following two days.
Since that update, XRP’s market price has advanced 8.22% in three days.
XRP URPD Data Highlights $1.60
In the above chart, Separate Glassnode data showing XRP’s UTXO Realized Price Distribution (URPD) identifies several price levels where substantial amounts of XRP previously changed hands.
The largest nearby concentration shown on the chart is around $1.60, where approximately 2.5 billion XRP previously transacted. This makes $1.60 the largest visible supply cluster immediately above the current price region in the provided dataset.
Before $1.60, the chart shows relatively smaller concentrations around the $1.49 area. Above $1.60, additional large URPD clusters appear near $1.68, $1.86, $2.19, and $2.29.
The $1.86 and $2.29 areas each show transaction concentrations exceeding roughly 2 billion XRP, while the $2.19 level also contains a sizable historical volume cluster.
URPD measures the amount of an asset that last moved at different price levels. The data identifies where large quantities of XRP previously changed hands; it does not establish whether holders at those levels will buy or sell when price returns.
The latest data therefore combines two measurable developments: whale holdings increased by roughly 1.54 billion XRP, valued at about $2.2 billion, and XRP subsequently recorded an 8.22% three-day increase. On the displayed URPD chart, $1.60 represents the next major concentration of historically transacted XRP above the current price region.
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