What to know:
- XRP whale accumulation surged by 380 million XRP in one week, lifting large-holder holdings to 8.13 billion XRP.
- XRP faces key resistance at $1.06, with a breakout potentially opening targets at $1.35 and $1.64.
- Ripple returned 700 million XRP to escrow after releasing 1 billion XRP, reducing fresh supply pressure.
XRP whale accumulation is strengthening as large holders continue purchasing the coin amid its recent price decline. This suggests growing confidence in a possible price reversal as XRP tests important support levels. The $1.06 resistance level remains the primary barrier to a potential breakout.
XRP Whale Holdings Rise to 8.13 Billion XRP
The price of XRP has remained stable around $1, but the XRP whale is saying something else. They have managed to amass more than 380 million XRP within a week, thus increasing their overall holdings to approximately 8.13 billion XRP.
According to information provided by Santiment, the large holders have been purchasing XRP even when the price seems unable to move. It seems like the XRP whale is buying in anticipation of an increase in price.
The buildup is coming at a time when XRP’s monthly chart has shown a significant setup. Ali Martinez pointed out the emergence of a buy setup from the Tom DeMark (TD) Sequential indicator, which has been witnessed before big price moves in XRP in the past.
The indicator has generated important signals over the last six years. After a buy signal in April 2020, XRP rallied 1,074%, while in August 2022, the same signal preceded a 973% surge in price. A sell signal in April 2025 preceded XRP’s subsequent 57% drop.
The recent XRP whale purchases indicate that big holders might be ready to make another run towards higher levels if history repeats itself.
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XRP Targets $1.64 Above $1.06 Resistance
However, despite this significant accumulation, XRP is yet to overcome the level of resistance at $1.06.
Based on blockchain analysis, it appears that about 3 billion XRP had been traded at $1.06. Breaking through this level might imply that XRP will move away from the bearish trend that has been recorded.
However, if XRP succeeds in holding above the mentioned level, the following upside targets would be $1.35 and then $1.64.
Currently, $1 seems to be a significant support level for XRP, and therefore, a further accumulation by XRP whales below this level could help avoid more losses.
Ripple Escrow Activity Adds Another Layer
Moreover, this will serve to prevent any further inflow of XRP into the market. On August 1, Ripple released 1 billion XRP as planned, yet 700 million XRP was returned to the escrow.
Thus, the amount of newly issued XRP decreased and might help the cryptocurrency in case demand becomes stronger.
Unfortunately, the crypto industry is still facing uncertainties from the regulators’ side. As the CLARITY Act in the United States will now take place in September, there emerges yet another challenge for the industry.
As of now, the buildup of XRP whales is one of the critical events that can help the cryptocurrency reach around $1. In case of continued purchases by major players and if XRP breaks above $1.06, the existing sideways phase may turn into a broader consolidation phase.
The synergy between XRP buildup, reduced issuance, and positive monthly signals can become a base for a powerful price rise, provided the $1.06 mark is cleared by buyers.
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This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
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