XRP Whales Defy Market Trends with Aggressive Accumulation
XRP, the native cryptocurrency of the XRP Ledger, has been hovering near the critical $1 psychological level on August 11, 2026. Despite the broader crypto market pressure and muted institutional flows, large holders have continued to build positions.
Whale accumulation data from Santiment shows that large holders accumulated more than 380 million XRP over the preceding week, with buying concentrated around the $1 mark. This contrasts with the flat price action, which has seen XRP trade within a narrow range of $1.00 and $1.04.
The US Consumer Price Index (CPI) report scheduled for August 12 is expected to drive volatility in either direction in XRP's price. A sustained break below $1 could expose XRP to further downside, while a move higher could be driven by the combination of whale positioning and technical support.