XRP Price Tests $1 Support Amid Whale Accumulation Acceleration

XRP, the native cryptocurrency of the XRP Ledger, hovered close to the important $1 psychological stage on Tuesday, August 11, 2026, as massive holders continued to construct positions regardless of broader crypto market strain and muted institutional flows.

As of 10:30 UTC on August 11, 2026, XRP traded round $1.01, digesting a decline of roughly 2.7% over the prior 24 hours, in response to knowledge from CoinMarketCap. Its market capitalization stood close to $62.75 billion, with 24-hour buying and selling quantity within the $1.0 billion to $1.17 billion vary. 

XRP value has floor decrease in latest periods after peaking close to $1.16 in late July. Each day closes tracked a gradual retreat from the low- to mid-$1.10s by early August, with latest buying and selling confined largely between $1.00 and $1.04. 

Over the previous week the cryptocurrency was down about 5% to six%, whereas the 30-day decline measured roughly 7% to eight%. On a one-year foundation, XRP remained roughly 69% beneath ranges seen close to its mid-2025 highs of round $3.35 to $3.66.

Numerous analysts on X highlighted $1.00 because the pivotal assist. A sustained break decrease may expose the $0.97 Fibonacci zone and the $0.90–$0.95 shelf. Overhead, sellers have repeatedly defended the $1.06–$1.08 space, with additional resistance famous close to $1.12 and the $1.18–$1.20 band that has capped advances since June. 

The U.S. Client Value Index (CPI) report scheduled for August 12 was broadly flagged as a possible near-term catalyst that would drive volatility in both path in XRP value and the broader crypto market.

Whales Accumulate Tons of of Thousands and thousands Close to Key Stage

On-chain knowledge painted a contrasting image beneath the flat value motion. Giant holders, generally known as whales, collected greater than 380 million XRP over the previous week, in response to newest data from Santiment. Shopping for appeared concentrated across the $1 mark. Sure large-holder cohorts noticed their mixed balances rise to roughly 8.1 billion to eight.13 billion XRP following the purchases.

Yr-to-date by early August, wallets holding between 10 million and 100 million XRP added roughly 1.23 billion tokens, lifting their mixture holdings from about 10.97 billion to 12.2 billion. The variety of such addresses elevated from round 301 to 313. 

On the other hand, exchange flow metrics reinforced the accumulation narrative. CryptoQuant data shows that XRP Whale addresses accounted for a high share of outflows from platforms such as Binance, with reports indicating roughly 81% of recent Binance XRP outflows originated from large holders shifting tokens into self-custody. 

Whale inflows to exchanges had previously fallen to multi-month lows. 

Earlier in the year, wallets in the 100,000-to-100-million range had already increased their XRP balances by about 2.8% over multi-week periods while smaller retail wallets reduced positions.

Divergent Signals Shape Near-Term Outlook

The divergence between quiet whale accumulation and subdued price performance has drawn attention from market observers. Some analysts interpret the buying, coupled with reduced exchange deposits, as consistent with late-stage accumulation in a broader downtrend. 

As highlighted by Ali Charts, a popular crypto analyst on X, technical signals including a Tom DeMark Sequential buy indication on the monthly chart noted by some commentators, have been referenced alongside the on-chain activity. 

At the same time, recent weekly net inflows into the U.S. XRP spot exchange-traded (ETF) products were reported to have slowed sharply in some data sets. SoSoValue data shows XRP ETFs merely amassed $1.01 million in inflows whereas Bitcoin and Ether ETFs pocketed over hundreds of millions during the last week (August 3 to 7, 2026). 

As of now, XRP has maintained closes above $1 for an extended stretch measured in hundreds of days, adding a historical dimension to the current test of the level. Whether the combination of whale positioning, technical support, and the forthcoming inflation data produces a decisive move higher or further downside remains the central question for trade

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.