XRPUSD prices hovered around $1 as on-chain data revealed significant large whale activity. The price range was largely unchanged, despite the large transfers and buying activity.
Glassnode data showed a steady transfer of XRP to exchanges throughout the week, but then experienced a net outflow of over 2 million tokens on August 6. Following this, there were institutional inflows and whale buying later in the period.
More on Crypto
Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.
Market sentiment intelligence for apps, funds & agents
Location
729 55 Ave SW
Calgary AB T2V 0G4
Canada
© 2026 Guavy Inc
