Whale wallets added 120M XRP during early August dip, fueling price rebound. Analysts see ABC correction pattern pointing toward long-term $10.47 target. Technicals show bullish bias, but momentum slowdown hints at short-term pause. XRP’s recent market action has caught the attention of analysts as whale investors moved decisively during early August’s price dip. Between August 1 and 6, XRP traded in a narrow $2.82–$2.90 range before spiking to $3.40 on August 7. Large holders, specifically wallets with 1 million to 10 million XRP, boosted their combined holdings from roughly 6.53 billion to 6.72 billion coins during that period. The gain is around 120 million XRP that were accumulated during low prices. Analyst Ali Martinez points out that this increase in whale activity coincided with the rebound, which hints that these investors might have contributed to the rally. 120 million $XRP bought up by whales on the dip! pic.twitter.com/pU8BKXKRKx — Ali (@ali_charts) August 15, 2025 Long-Term Targets in Focus Another prominent market watcher, Dark Defender, sees a broader bullish structure taking shape. He suggested that XRP is finalizing an ABC c… The post Whales Accumulate 120 Million XRP as Analysts Eye Bullish Targets appeared first on Coin Edition .
