XRP whale accumulation rises despite summer slump and oversold signals
XRP remains under pressure, down about 30% since mid-May and still trading in a choppy summer range. However, Santiment data suggests the sell-off is not preventing large holders from building positions. Over the past three months, wallets holding at least 1 million XRP increased by 32, even as total market cap fell by 29%. This combination was framed as stronger investors absorbing panic.
The article also links XRP Ledger activity to payments and institutional settlement use cases. Ripple’s stablecoin RLUSD is described as growing into a meaningful institutional stablecoin, alongside ongoing momentum in Ripple’s custody and tokenization rails.
On price setup, Ali Martinez flagged “fresh buy signals” after reports that large investors bought over 380 million XRP in seven days (around $400M at the time). A monthly TD Sequential buy signal was also cited, noting similar past setups before major moves.
Still, traders are watching key levels. Market watcher CR87 called XRP “critical,” suggesting a potential drop toward $0.50–$0.60 if $1.03 fails. A bearish scenario was reiterated by another analyst pointing to $0.86 if XRP breaks below $1, while $1.47 would be an early strength signal for bulls.
Institutional demand is mixed: US spot XRP ETFs reportedly attracted $1.17B between Nov–Dec 2025, then cooled sharply in 2026 (e.g., $15.59M in January; $1M so far in August). Monthly flows swung from inflows (April/May) to outflows by March and weaker performance thereafter.
For traders, XRP’s whale accumulation and technical “buy” signals may support dips, but ETF demand and nearby support/resistance levels keep the outlook range-bound.
Neutral
The article is mixed for XRP trading. On one hand, whale wallets (≥1M XRP) are rising while market cap falls, and two separate technical readouts (Ali Martinez’s reported large buys and a TD Sequential monthly buy signal) suggest potential support during oversold conditions. On the other hand, the piece highlights “critical levels” with explicit downside scenarios (failure of $1.03 could open $0.50–$0.60, and a break below $1 targets ~$0.86). It also flags weakening institutional momentum from US spot XRP ETF flows (sharp cooling after late-2025 inflows).
Historically, XRP and other majors often show “accumulation during drawdowns” that can stabilize prices short-term, especially when large-wallet growth coincides with oversold indicators. But sustained upside typically requires confirmation—either continued inflows (e.g., ETF demand) or a clear reclaim of resistance (e.g., $1.47 in the article). Until those confirmations arrive, the most likely behavior is choppy, dip-buying-supported range trading: short-term relief rallies are possible, while long-term direction remains contingent on whether the $1.03/$1 area holds and whether ETF demand improves.