XRP large holders buy 72M amid slide

TLDR

XRP (XRP) is sliding toward $1 while large holders and funds quietly absorb tens of millions of tokens, creating a clear divergence between price weakness and big holder behavior.

1. Whales reportedly bought over 72 million XRP within 24 hours as price fell toward $1, adding to multi week accumulation and nearly 1 billion XRP locked in spot ETFs.
2. Large holder buying and coins leaving exchanges point to stronger hands, but weak derivatives and ETF flows plus leverage around $1 keep downside and volatility risk elevated.
3. The critical signals to watch are whether $1 and the 0.87 to 0.80 zone hold, and whether regulatory and ETF catalysts revive demand or trigger further selling.

Deep Dive

1. Whale Buying On Weakness

Recent on chain analysis reports that XRP whales bought over 72 million XRP in a single day as the price tested its weakest levels near $1, viewing the dip as opportunity rather than exit pressure whales bought over 72 million XRP.

Across the past three months, the number of wallets holding at least 1 million XRP has grown by about 32, now totaling just over 2,000 large holders, even as market cap declined.

At the same time, XRP spot ETFs have locked roughly 992.5 million XRP, about 1.6 percent of circulating supply, signaling additional institutional accumulation that removes liquid supply from the market nearly 1 billion XRP has been removed.

XRP currently trades near $1.01, down 0.60283 percent over 24 hours, with a market cap of 63.02 B and 24 hour volume of 854.27 M.

2. Supply, Sentiment And Risk

On chain, daily active addresses have climbed to around 35,700 in August from 26,400 in July, while new address creation stays flat. This suggests existing users are more active rather than a surge of new retail entrants.

Data from Binance shows most XRP withdrawals are heading to private wallets and deposit addresses are down sharply, which typically indicates less immediate sell pressure from long term holders.

In contrast, derivatives and ETF flows look soft. Binances taker buy or sell ratio around 0.86 and negative volume delta highlight net selling in futures, and weekly XRP ETF inflows recently fell more than 90 percent from prior levels.

3. Key Levels And Catalysts

Analysts flag $1 as a psychological line plus a multi month support reference, with a broader technical decision zone around $0.87 to $0.80 tied to a long running trendline.

If whales keep buying and price holds above that zone, the setup could shift from prolonged correction toward recovery, with upside levels in the mid $1s and beyond. If $1 fails with high leverage outstanding, cascading liquidations and a deeper move below prior lows become more likely.

Regulatory timing also matters. Delays to measures like the CLARITY Act, which could formalize XRPs status, reduce near term institutional catalysts, while any progress or renewed ETF inflows would be a positive demand signal.

Conclusion

Large holders and ETFs are quietly increasing XRP exposure as price grinds near one year lows, creating a notable divergence between big holder behavior and short term market weakness.

Whether that accumulation turns into a durable bottom depends on the $1 region holding, leverage not snapping, and institutional demand returning through clearer regulation and stronger ETF inflows.