XRP Price Prediction: Whales Quietly Stack 1.7 Billion Tokens While Market Sleeps

Something big is happening with XRP (Ripple), and most traders aren't paying attention. While the market has been relatively quiet, whale wallets have been busy stacking tokens at a specific price level that could make or break XRP's next major move.

According to fresh Glassnode data, smart money has accumulated a staggering 1.7 billion XRP tokens right at the $3.13 mark. That's not pocket change – we're talking about serious institutional-level positioning that suggests these big players know something the rest of us don't.

Here's what makes this interesting: when whales concentrate their buying power at one specific level, it usually means they see that price as either a bargain or a critical support zone. The fact that $3.13 has become their line in the sand tells us this level is going to be crucial for XRP's immediate future.

XRP Supply Clusters Paint Clear Picture for Price Action

The data gets even more intriguing when you dig deeper. Glassnode's cost basis distribution shows exactly where XRP holders have been building their positions, and the patterns are pretty revealing.

Beyond that massive 1.7 billion token pile at $3.13, there's another hefty cluster sitting at $3.26 – over 1.05 billion tokens worth. This creates an interesting setup where XRP has strong whale support below and a potential resistance wall above.

But here's where it gets really spicy: the $3.57-$3.58 range is practically empty, with only 2.9 million tokens accumulated there. If XRP can punch through that $3.26 resistance, there's barely anything stopping it from making a serious run toward its recent highs.

XRP (Ripple) Recent Struggles Hide Impressive Year-Long Performance

Let's be honest – XRP hasn't exactly been setting the world on fire lately. After a solid run in early July, the token has been struggling to keep its momentum going. It even dipped below that critical $3.13 level on August 2nd, though it managed to climb back up.

The derivatives market tells a similar story of cooling enthusiasm. Trading volume dropped 44%, and open interest fell by a whopping 82% according to CoinGlass data. That's usually not great news for short-term price action.

Currently sitting about 15% below its July 18th peak of $3.67, XRP might look like it's in trouble to casual observers. But zoom out a bit, and the picture changes dramatically. The token is still up over 50% this year, crushing Bitcoin's performance. And last year? XRP absolutely exploded with gains of more than 237%.

XRP Price Prediction: The Calm Before the Storm?

All these factors are setting up what could be a defining moment for XRP. Those whales didn't accumulate 1.7 billion tokens at $3.13 for fun – they're clearly betting on this level holding firm. If they're right, and if XRP can use this support to launch another leg higher, things could get interesting fast.

The technical setup is pretty straightforward: hold $3.13, and there's room to run toward $3.26 and potentially beyond. Break below it, and we might see some real selling pressure as those whale positions come under stress.

What makes this setup particularly compelling is that thin supply zone above $3.26. If XRP can break through that cluster, the path to new highs looks surprisingly clear. Of course, crypto being crypto, anything can happen – but the smart money seems to be positioning for upside rather than downside.