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XRP whales increase accumulation, keeping price just above $1 amid mixed trader outlook for August.

Market News
04 Aug 2026
AMBCrypto
View Source
Neutral
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XRP whales have significantly increased their accumulation by withdrawing more tokens from major exchanges like Binance and Coinbase, reducing the available supply and supporting the price above $1 despite a recent large token unlock. While whale activity suggests bullish potential, traders remain divided on XRP's short-term direction, with some expecting a rise above $1.10 and others anticipating a drop below $1. The market consensus from prediction platform Kalshi indicates XRP is likely to trade between $1 and $1.25 by the end of 2026, reflecting cautious optimism amid mixed signals from price action and trader sentiment.

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