Large XRP holders increased their stakes significantly this week, accumulating an additional 380 million tokens. This accumulation brought total whale holdings to approximately 8.13 billion XRP, according to recent blockchain data.
ETH
SOL
BSC
ROBINHOOD
USDT
AAPLWhale Accumulation and Key Price Levels
Throughout this buying activity, the price of XRP hovered near the $1 mark. On-chain analytics platform Santiment reported that large investors steadily bought more XRP even as prices remained stable. This pattern suggests that major holders could be positioning themselves ahead of a potential price movement.
Market observers identified the $1.06 price point as a key resistance level for XRP. In the past, roughly 3 billion XRP traded around this level, signaling strong historical interest and supply. A decisive move above $1.06 could signal the start of a new upward trend, with analysts eyeing $1.35 as the next target and $1.64 as a potential further milestone if buying momentum persists.
The $1 threshold currently provides support. Continued accumulation by large investors below resistance could help sustain this support and potentially lead to further gains if confidence increases.
Technical Signals and Analyst Insights
Technical analysts are also watching XRP closely following a new signal on the Tom DeMark Sequential indicator. Analyst Ali Martinez pointed out that this monthly indicator recently flashed a buy signal, a pattern previously linked to major rallies in XRP’s price over the last six years.
The Tom DeMark Sequential provided a buy setup on XRP’s monthly chart, a signal that preceded a 1,074% surge in April 2020 and a 973% climb in August 2022. On the other hand, a sell signal in April 2025 came before a 57% decline, underscoring the indicator’s influence on market sentiment.
Martinez highlighted that this indicator’s track record has drawn increased attention from traders and investors, many of whom are now watching for potential bullish momentum in the coming weeks.
As the market follows these technical signals, platforms offering seamless access to both crypto and traditional finance assets may gain new relevance. For example, 1stepSwap enables users to transfer real-world assets directly to the blockchain and access top US equities or commodities like gold and silver straight from their wallets. Its core functionality lies in finding optimal market prices, allowing quick and efficient transactions, and supporting diversified portfolios without intermediaries or complex procedures.
Ripple’s Escrow and Supply Update
On August 1, Ripple unlocked 1 billion XRP from its escrow as part of its routine release schedule. Of this total, 700 million XRP returned to escrow, meaning the net increase in circulating supply was only 300 million tokens for the month. This reduction in new supply could lessen near-term selling pressure if demand from holders and traders remains steady.
Regulatory developments also remain on the radar for XRP investors. The US CLARITY Act, a proposed crypto regulatory bill, has been delayed, with a new vote now scheduled for September. Market participants are closely monitoring this legislation, which could affect the regulatory landscape for crypto assets in the United States.
As of now, whale accumulation continues, with large holders adding positions as XRP trades below its key resistance level. The coming weeks may prove pivotal for the asset, depending on price movement, technical signals, and regulatory news.
Large XRP holders have accumulated 380 million tokens this week, pushing total ownership to 8.13 billion and increasing attention on upcoming technical and regulatory developments.
