XRP whales have bought 70 million tokens in one week as the price rebounded above $1.11 and Binance reserves fell to a five-month low. Summary XRP whales accumulated 70 million tokens as Binance reserves fell to a five-month low. XRP is testing triangle resistance near $1.12 as buying pressure remains positive. Futures open interest reached $2.5 billion, with liquidation clusters surrounding the current price. Santiment data shared by crypto analyst Ali Martinez on July 16 showed that wallets holding between 1 million and 10 million XRP increased their combined balance to nearly 3.83 billion tokens. The accumulation continued despite volatility linked to the US-Iran conflict. Whale buying coincided with improving sentiment across the XRP market. In a separate X post, Santiment previously showed 3.02 bullish social media comments for every bearish remark, giving XRP the highest level of fear of missing out among the assets tracked. ✍️ TL;DR: 5-week high FOMO appears for XRP and Ethereum📊 Metrics Used: Positive vs. Negative Commentary Ratio🔗 Live Chart: https://t.co/icmgnCJiFT📊 Sentiment is no longer fearful across the big three, but it’s also not evenly balanced. On Monday, $XRP is showing the most… pic.twitter.com/3SgH7R1MUG— Santiment Intelligence (@SantimentData) July 13, 2026 Cooling US inflation has also supported sentiment toward cryptocurrencies. Recent US consumer and producer price data weakened expectations for tighter monetary policy, helping XRP recover from a recent low near $1.05. Exchange balances have moved in the opposite direction. CryptoQuant data showed that Binance held 2.61 billion XRP, its lowest reserve level since February. Falling exchange reserves can suggest that holders are moving tokens away from platforms, although CryptoQuant’s figure does not reveal whether those funds entered private wallets, custody services, or other venues. Binance’s XRP Reserves Stabilize at Their Lowest Level Since February“If this trend continues alongside improving demand, it could help ease selling pressure over the medium term.” – By @ArabxChain pic.twitter.com/THfjKcbIFD— CryptoQuant.com (@cryptoquant_com) July 15, 2026 Binance has also announced an $800,000 XRP airdrop for users holding Ripple USD. Running from July 17 through Aug. 14, the campaign will distribute XRP each Friday to eligible users across Binance Earn, Margin, and Futures as the exchange promotes RLUSD adoption. XRP tests resistance inside a tightening triangle As per data from crypto.news, XRP (XRP) traded near $1.11 at the time of writing after gaining more than 5% from its recent low, while its 24-hour range extended as high as roughly $1.13. Trading volume, however, fell more than 15%, according to the original market report, showing weaker spot activity during the rebound. On the 4-hour Binance chart, XRP is pressing against the upper boundary of a symmetrical triangle after forming lower highs and higher lows since mid-June. The descending trendline sits close to $1.12, while the rising support line approaches the $1.06–$1.08 area. XRP price 4-hour chart — July 16 | Source: crypto.news Capital flow remains positive despite the unresolved breakout. The 4-hour Chaikin Money Flow reading stands at 0.26, indicating net buying pressure, but the Aroon indicator presents a mixed signal: Aroon Up is at 0% while Aroon Down is at 57.14%. Daily indicators also show improving momentum without confirming a full reversal. The MACD histogram has turned positive at 0.0053, while the MACD line remains below zero and the relative strength index sits at a neutral 49. XRP price daily chart — July 16 | Source: crypto.news The daily Fibonacci retracement places immediate resistance at $1.124, followed by $1.215. A confirmed move through the first level would support a test of $1.15 before traders turn their attention to $1.20, while rejection could keep XRP within its current consolidation pattern. Derivatives liquidity surrounds the current price CoinGlass data placed XRP futures open interest near $2.50 billion after a 2.65% increase over 24 hours. CME recorded a 0.74% rise, while Binance posted a 0.28% increase during the same period, indicating that traders added exposure as XRP recovered. XRP liquidation heatmap | Source: CoinGlass The 24-hour CoinGlass liquidation heatmap shows the strongest nearby liquidity concentrations between $1.117 and $1.13, just above the current price. Additional leveraged positions appear around $1.14, making that zone important if XRP breaks its descending trendline. Below the market, the heatmap identifies another dense liquidity pocket around $1.09–$1.10. A failure to hold that region could expose the triangle’s rising support near $1.06, while a sustained break above $1.13 would clear the closest concentration of short-side liquidation levels. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
