Ripple Whales Bought 380 Million XRP Tokens Near the Price Floor in a Week

According to Arzdigital, in a report published Friday, August 14, 2026 (23 Mordad 1405), Ripple's XRP token, which recently fell below the psychological one dollar level for the first time this year, is still struggling to hold that mark, but data shows large investors, known as whales, have used the drop as a buying opportunity. In the 24 hours to Friday, whales bought about 72 million XRP worth roughly $72 million, and market analyst Ali Martinez said large wallets have accumulated more than 380 million of the token over the past week.

Martinez had previously flagged $1.06 as the most critical technical level for XRP, warning that a break below it could push the price down toward $0.62. Data from CryptoQuant also showed sell side pressure on Binance has reached its highest level since May, a factor that could slow a faster price recovery.