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XRP whales keep buying amid price drop; Ethereum shows strongest undervaluation signal.

Market News
06 Aug 2026
Tokenpost
View Source
Neutral
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Large holders of XRP continue to accumulate the token despite its price falling from $2.40 to around $1.00–$1.20 in 2026, indicating steady buying but no broad market rally yet. Ethereum stands out as the most undervalued among major cryptocurrencies, trading below its average acquisition cost, signaling potential for a market bottom. Bitcoin whales also increased holdings during price dips, but overall market consolidation and possible further downside remain likely. Monitoring Ethereum's undervaluation is key, as similar conditions preceded a major market bottom in early 2025.

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