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XRP whales bought 70M tokens amid US ETF sell-offs, signaling bullish sentiment despite bearish midterm forecasts.

Market News
16 Jul 2026
Finbold
View Source
Bullish
pluang ai news

XRP wallets holding over 1 million tokens accumulated 70 million XRP between July 9-15, even as US spot ETF issuers sold off XRP. This buying spree, valued at over $77 million, reflects growing bullish sentiment possibly due to XRP's regulatory clarity and upcoming legislation like the Clarity Act. Technical indicators suggest a potential price reversal, but midterm AI forecasts remain bearish around $0.97. Continued whale accumulation amid ETF sell-offs could delay any reversal until both groups buy simultaneously.

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