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XRP whales increase holdings by 2.8% as small investors sell, pushing price above $1.16.

Technical Signals
23 Jul 2026
Coindesk
View Source
Bullish
pluang ai news

XRP's price has risen over 8% in five weeks, driven by large holders (whales) who increased their holdings by 2.8%, while small holders sold off 5.2% of their XRP. This divergence suggests stronger hands are confident, supporting a bullish outlook. Positive factors like potential ETF access and ongoing use of XRP Ledger for payments and tokenization reinforce investor confidence, making the price rebound above $1.16 likely to continue.

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