XRP large-holder holdings grew by 380 million tokens over the past week, bringing total whale holdings to approximately 8.13 billion XRP. During this period, the price of XRP has remained near the $1 mark. According to data from Santiment, large holders continued accumulating even as the price stayed relatively flat, a pattern that suggests major holders have been building positions ahead of potential price movement. XRP, the token used in Ripple's cross-border payments network, is consistently ranked among the top ten cryptocurrencies by market capitalization, which makes large-holder activity a closely watched signal for broader market sentiment.

Technical Signal Draws Analyst Attention

Analyst Ali Martinez shared a chart on X highlighting a new buy signal on the Tom DeMark (TD) Sequential indicator for XRP's monthly chart. The TD Sequential is a widely followed technical analysis tool designed to identify potential trend exhaustion and price reversal points by tracking sequences of consecutive price candles. Martinez noted that this indicator has previously appeared before some of XRP's largest price moves over the last six years.

2/5 The Tom DeMark Sequential has flashed a buy signal on XRP's monthly chart, hinting at a possible macro shift from bearish to bullish momentum.

Over the past six years, this indicator has marked several major XRP reversals:

• April 2020 buy signal: 1,074% rally • August… pic.twitter.com/XKhGapPolP

— Ali Charts (@alicharts) August 9, 2026

In April 2020, a TD Sequential buy signal preceded a 1,074% rally in XRP's price. In August 2022, a similar signal came before a 973% increase. Conversely, a sell signal in April 2025 was followed by a 57% price decline. Martinez pointed to this historical track record as a reason traders are closely monitoring the current setup.

Key Price Levels and Resistance

XRP has yet to break through resistance at $1.06. Blockchain data indicates that approximately 3 billion XRP has previously traded at that price level. A sustained move above $1.06 could open the door to $1.35 as the next target, with $1.64 identified as a further objective if buying momentum continues. At present, $1 is serving as a short-term support level. Continued whale accumulation below $1.06 may reinforce that support.

Ripple Escrow Release Reduces Net New Supply

On August 1, Ripple released 1 billion XRP from escrow as part of its scheduled monthly release. Ripple has used the escrow mechanism since 2017 to add predictability to XRP supply distribution, locking away a large share of its token holdings and releasing set amounts on a monthly schedule. Of this month's release, 700 million XRP was returned to escrow, reducing the net volume of new XRP entering the market this month. A lower net supply release could ease selling pressure if demand remains stable.

Regulatory Developments

The broader cryptocurrency industry is also tracking U.S. legislative developments. The CLARITY Act, a proposed U.S. crypto regulation bill aimed at establishing clearer rules for how digital assets are classified and regulated, was delayed and is now expected to reach a vote in September. Regulatory clarity has been a recurring theme for XRP specifically, following Ripple's multi-year legal dispute with the U.S. Securities and Exchange Commission over whether XRP qualifies as a security.

As of the latest data, XRP whale accumulation continues, with large holders adding to their positions while the price remains below the $1.06 resistance level.