Large XRP wallets accumulated 71 million tokens over the past week, adding a fresh whale signal as the asset trades around the $1.38 level.
The accumulation was flagged by Ali Martinez, who tracked the latest increase in whale-held XRP. At current prices near $1.38, the added position is worth roughly $98 million.
XRP is up slightly over 24 hours but remains lower over the past week, with CoinGecko placing its market cap near $85 billion and daily trading volume around $1.46 billion. The whale buying therefore arrives while price is still trying to recover from recent weakness, not after a clean upside breakout.
The latest accumulation also contrasts with late-April whale pressure, when large holders moved 1.1 billion XRP in seven days while ETF demand stayed firm. That earlier setup kept traders focused on whether large-wallet activity was turning into distribution or repositioning. The new 71 million XRP increase gives bulls a cleaner short-term counterpoint, although it is still a whale-flow signal rather than proof of an immediate price move.
Whale Demand Meets A Key Price Zone
The market focus now sits around whether XRP can turn large-wallet buying into stronger spot demand. Whale accumulation can reduce available supply when coins move away from active trading, but price still needs follow-through from broader market liquidity, exchange demand and derivatives positioning.
XRP has been trading in a narrow recovery zone while Bitcoin remains near the high-$77,000 area and broader crypto liquidity stays selective. That backdrop matters for XRP because whale buying alone rarely carries a sustained move if the rest of the market is defensive.
The price structure is straightforward. Holding the $1.35 to $1.38 area keeps XRP above its recent lows and gives buyers room to test higher resistance. A stronger move would need price to reclaim the $1.40 area with volume, then push toward the prior short-term range where sellers have repeatedly slowed momentum.
The accumulation figure is large enough to keep XRP in focus, especially after several weeks of mixed whale and ETF signals. A move above $1.40 would show buyers are converting accumulation into price pressure, while a failed hold near $1.35 would put the whale signal back under scrutiny and leave XRP exposed to another range-bound session.
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