Large XRP holders added 72 million tokens in 24 hours, bringing their total accumulation to over 452 million coins over several weeks. Their combined balances reached 12.18 billion XRP, while the number of wallets holding over 1 million coins increased by 32. Meanwhile, spot XRP ETFs saw their net assets fall to $942.25 million, dropping below the symbolic $1 billion threshold with zero net flows on August 10, 11 and 12. This massive redistribution between whales and ETFs is keeping XRP’s price around $1, a major support level held since late 2024.
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