TLDR
Large XRP (XRP) holders have bought roughly 72 million tokens around the $1 level in 24 hours, even as price stays weak.
- Whales added about 72 million XRP near $1 in a day, lifting large-holder balances to roughly 12.18 billion while price sits around $1.
- This accumulation comes as spot XRP ETFs show stalled inflows and XRP trades nearly 70 percent below its 2025 peak, creating a sharp conviction versus price gap.
- The $1 support and resistance near $1.06 are key; how whale buying, ETF flows, and these levels interact could define whether XRP breaks down or builds a base.
Deep Dive
1. Scale Of Whale Buying
Multiple reports show whales bought over 72 million XRP (around 72 million dollars at current prices) within 24 hours near the $1 zone, highlighted by on-chain analyst Ali Martinez and others as unusual size for a single day of accumulation at support levels 72 million XRP in 24 hours.
Broader data indicates this is part of a trend: large-holder wallets added more than 380 million XRP in the week to early August and, over recent weeks, a cumulative 452 million tokens, taking whale balances to roughly 12.18 billion XRP whale balances at 12.18 billion.
At the same time, CoinsKid data shows XRP trading at a live price of 1 dollars, with a 24 hour move of -0.75793 percent, a market cap of 62.74 B and 24 hour volume of 883.57 M.
Large holders are absorbing sizeable supply exactly where most traders are nervous, which often matters more for medium term structure than short term candles.
2. Divergence In Demand
Spot XRP ETFs and broader institutional flows look weak. Net ETF assets have slipped below 1 billion dollars, with early August attracting only about 3.27 million dollars of inflows and several sessions recording zero net flows ETF net assets below 1 billion.
On-chain, millionaire wallets (holding at least 1 million XRP) rose by 32 in three months, even as XRPs market cap fell about 29 percent and price trades roughly 69 percent below its 2025 peak near 3.60 dollars millionaire wallets rising in a slump.
Exchange data shows withdrawals at their highest share since 2019, with more than half of XRP movements on major exchanges heading to private wallets, and around 72 to 81 percent of Binance outflows going to self custody, reinforcing a long term positioning picture exchange withdrawals at multi year highs.
Big holders are moving XRP off exchanges and adding to positions while listed products see cooling demand, a sign of conviction but not yet a guarantee of upside.
3. Levels And Risks To Watch
Analysts highlight a dense supply pocket near 1.06 dollars where nearly 3 billion XRP changed hands, creating resistance that has repeatedly capped recoveries; price is currently clustered just below those break even levels supply wall near 1.06 dollars.
Below spot, technical views point to zones around 0.87 and 0.77 to 0.80 dollars as major support, with some bearish scenarios extending toward 0.52 dollars if the 1 dollar floor fails decisively under continued macro and regulatory pressure.
Key signals to watch are: 1) whether whale buying persists on further dips, 2) whether ETF and institutional flows re accelerate, and 3) whether XRP can reclaim and close above 1.06 dollars with strong volume rather than just short squeezes.
Confidence: moderate because whale, ETF, and on chain data are well documented, while how price reacts next remains uncertain.
Conclusion
Whale buying of 72 million XRP near 1 dollar shows large holders are willing to accumulate into fear, but they are doing so against a backdrop of weak ETF flows and a deep drawdown from prior highs.
If the 1 dollar area and the 1.06 dollar resistance band hold and are eventually reclaimed with improving flows, this accumulation could form the base for a recovery; if they fail, it instead becomes evidence that even strong hands were early, and lower supports will likely be tested.
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