XRP Whales Accumulate 380 Million Coins as Rare Technical Setup Emerges
Major cryptocurrency holders have purchased over 380 million XRP in a single week, bringing their total holdings to 8.13 billion coins while defending the critical $1 support level. The activity coincides with a historically accurate technical indicator flashing a rare buy signal.
Whale Accumulation Marks Strategic Shift in Market Dynamics
Major cryptocurrency investors have made significant moves during a quiet period for XRP trading. Within a single week, large holders purchased more than 380 million XRP tokens, bringing their combined holdings to 8.13 billion coins. According to blockchain data analyzed by Santiment, these whale purchases appear strategically positioned to prevent the price from sliding below the psychologically important $1 threshold. The timing of this accumulation suggests informed investors detected an emerging opportunity on the technical charts.
A Rare Technical Pattern With a Proven Track Record
Professional traders have taken note of the activation of the Tom DeMark Sequential (TD) indicator on the monthly timeframe—a signal that rarely appears but carries significant historical accuracy. As highlighted by technical analyst Ali Martinez, XRP has triggered this buy setup, marking only the third major occurrence in the past six years. The indicator’s previous appearances proved remarkably prescient: in April 2020, it preceded a 1,074% surge in XRP’s price, while in August 2022, it signaled ahead of a 973% rally. The same indicator also produced a sell warning in April 2025, giving traders advance notice before a subsequent 57% market decline. The current whale activity reflects confidence that this historical pattern may unfold once again.
The immediate technical hurdle lies at the $1.06 resistance level, where approximately 3 billion XRP previously changed hands. Analysts view this threshold as make-or-break for XRP’s near-term trajectory. Should the token close August above this level, it would mark a decisive break from the prevailing bearish trend. If that milestone is achieved, market observers project potential price targets at $1.35 and then $1.64, representing meaningful upside from current levels.
Market Support Amid Regulatory Uncertainty
Ripple has contributed to the supportive environment surrounding its flagship asset. During a scheduled release of 1 billion XRP from escrow reserves on August 1st, the company chose to immediately relock 700 million coins, effectively reducing supply pressure. This conservative approach to token management reinforces the company’s confidence in the asset’s value proposition.
The broader backdrop remains mixed, however. The cryptocurrency industry awaits clarity on regulatory developments, with the U.S. CLARITY Act now postponed until September. Additionally, recent disputes surrounding Ripple’s Mint platform have created uncertainty within the ecosystem. Despite these headwinds, the sheer scale and timing of whale accumulation demonstrate that sophisticated market participants are positioning for potential recovery regardless of near-term noise.
The convergence of massive whale buying, a historically accurate technical indicator, and strategic corporate decisions by Ripple creates an intriguing setup for XRP holders. If whale conviction and technical signals align with broader market sentiment, XRP could see renewed momentum that benefits the entire ecosystem.
Source: Santiment, via U.Today. Not financial advice.