XRP Outlook Hangs on $231M Whale Selling and Fresh ETF Buying

XRP is facing a clear tug-of-war between two opposing trends. On one side, whale activity suggests distribution, while on the other, ETF flows point to growing institutional accumulation. Both signals are emerging simultaneously, making XRP’s near-term direction harder to determine.

CryptoQuant-linked analyst Darkfost said 231 million XRP left Binance in a single day this week. The transfer was valued at roughly $330 million-$335 million at the time, making it the largest daily outflow from the exchange in around six months. However, whale wallets have also moved nearly 1.45 billion XRP into Binance during the past 30 days.

The large deposits could add to potential selling pressure, although some of the XRP may eventually be withdrawn from exchanges. At the same time, seven U.S. spot XRP ETFs have generated about $1.55 billion in cumulative inflows. August alone has reportedly attracted twice the inflows recorded in July.

The recent weakness in XRP also does not appear to reflect a broad crypto-market decline. Solana has gained more than 20% this week, while Bitcoin has continued to move higher.

Can XRP Price Reach $1.70 This Week?

XRP is trading in an intraday range of about $1.40-$1.45 as traders digest the previous week’s 50% rally and this week’s pullback toward the $1.40 area. Immediate support is positioned near $1.40, with another important support zone between $1.33 and $1.36 based on Fibonacci retracement levels.

On the upside, XRP faces resistance between $1.50 and $1.55, an area that has already triggered selling. The next significant barrier is near $1.65, close to the previous weekly closing level. The RSI(14) is near 25, suggesting oversold conditions, although the broader technical setup still indicates selling pressure.

If ETF inflows continue to absorb the supply coming from whales, XRP could recover above $1.50 and potentially move toward $1.65. The market could also remain range-bound between $1.40 and $1.50 while traders wait for the next ETF flow report.

A break below $1.40 would weaken the current bullish structure and could send XRP toward $1.33. Renewed concerns over escrow releases could intensify the downside if whale selling persists.

Investors are therefore waiting for clearer confirmation. Daily ETF flows and changes in XRP held on exchanges should be closely watched to determine whether accumulation or distribution is gaining momentum.

XRP’s 4.53% rebound from recent lows is encouraging, but the token’s market capitalization has already exceeded $80 billion. At that scale, a 10x move would require an extremely large influx of capital.

As a result, some traders are exploring earlier-stage projects with potentially different upside profiles. LiquidChain ($LIQUID), a Layer 3 infrastructure project focused on connecting liquidity across Bitcoin, Ethereum and Solana, is one project drawing attention.

LiquidChain describes its platform as a Unified Liquidity Layer built around single-step execution and verifiable settlement. Its Deploy-Once Architecture is intended to let developers deploy applications once and connect them with liquidity across Bitcoin, Ethereum and Solana without maintaining separate deployments on each network.