Crypto

XRP Price Rockets 25% to $1.24 as Whale Accumulation Accelerates

Guavy AI Editorial Team Published August 21, 2026

Instruments

BTC XRP

The XRP price surged by over 25% on Thursday to reach an intraday high of $1.245, as the broader cryptocurrency market saw a rally with Bitcoin climbing above $72,000.

This sharp move comes after months of steady accumulation of XRP by whales and renewed activity in spot and derivatives markets.

According to CryptoQuant, average XRP spot order sizes have remained within its 'big-whale' range throughout 2026, indicating that large holders have been quietly accumulating XRP despite periods of relatively subdued price action.

Crypto analyst Ali recently highlighted another significant buying wave, reporting that XRP whales accumulated roughly 300 million tokens within just 96 hours.

XRP Price Rockets 25% to $1.24 as Whale Accumulation Accelerates

Brazilians Flock to Crypto Over Stocks as Low-Income Earners Drive Growth

Treasury Buyback Expansion Sparks Dollar Debasement Concerns and Cryptocurrency Surge

Strategy Bitcoin Treasury Briefly Returns to Profit Above $75,385