XRP Price Stagnates as Whales Accumulate and Retail Investors Sell

XRP's price stagnation continues, despite large holders accumulating 600 million tokens worth around $660 million in recent weeks. The digital asset trades at $1.10 on Saturday, down 0.79 percent on the day.

The divergence between XRP's on-chain activity and its price action has rarely been starker. While whales scoop up tokens, retail investors are increasingly selling into weakness, with exchange reserves on major platforms like Binance falling to multi-month lows.

The regulatory uncertainty surrounding the CLARITY Act remains a dominant overhang for XRP. Senate Majority Leader John Thune indicates a vote before the summer recess is unlikely, making Democratic support essential for passage. The math is unforgiving: Republicans hold 52 seats but need 60 votes to pass the bill.