XRP Price: Whales Just Spent $678M on XRP — Here’s Why They’re Still Buying

TLDR

• XRP is trading at $1.13, down 69% from its all-time high of $3.65 set in January 2026
• Whale wallets holding 100K–100M XRP bought 600 million coins (~$678M) over five weeks
• The CLARITY Act passage odds sit at 39–43%, with Senate Republicans releasing an updated draft on July 22
• XRP ETFs saw zero flows on July 22, though total 2026 net inflows remain above $200 million
• A bull flag pattern on the 4-hour chart points to a potential move to $1.24 if price clears $1.16

XRP is trading at $1.13 as of July 23, 2026. That puts it 69% below its all-time high of $3.65, which it hit in January this year.

Despite the price drop, large wallets are buying. Santiment data shows that wallets holding between 100,000 and 100 million XRP added 600 million coins over the five weeks leading to July 22. That purchase is worth around $678 million at current prices — a 2.8% increase in their total holdings.

🐋 XRP’s move back above $1.16 Tuesday looks very much justified based on recent wallet behavior. Whales & sharks holding 100K to 100M XRP have added +2.8% more coins to their bags in five weeks, showing whales and sharks are leaning in while the chart finally starts rewarding… pic.twitter.com/aFmRll4HKJ

… Continue reading the full article at the original source below.