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XRP whales quietly buy dips while Ether trades below cost, signaling deeper market capitulation.

Technical Signals
06 Aug 2026
Coindesk
View Source
Neutral
XRP whales quietly buy dips while Ether trades below cost, signaling deeper market capitulation.

Large XRP holders have been steadily buying during the token's price drop from $2.40 to around $1.00-$1.20, indicating quiet accumulation rather than panic selling or a breakout. Meanwhile, Ether is trading below its realized price of about $2,450, currently near $1,900, meaning holders are underwater on paper, which shows deeper capitulation compared to Bitcoin and XRP. Onchain data reveals that both Ether and Bitcoin whales are increasing their holdings despite the downturn, but CryptoQuant warns the market may still face further declines before stabilizing, with Ether's below-cost trading being a key indicator to watch.

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