XRP whales snap up 70M tokens as exchange reserves hit new low

cryptonews07-16

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 ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXRP whales snap up 70M tokens as exchange reserves hit new low\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-07-16 23:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/xrp-whales-snap-up-70m-tokens-as-exchange-hit-new-low/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>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.\n\n\nSummary\n\n\n\nXRP whales accumulated 70 million tokens as Binance ...</p>\n\n<a href=\"https://crypto.news/xrp-whales-snap-up-70m-tokens-as-exchange-hit-new-low/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XRPR","symbol_name":"REX-OSPREY XRP ETF","start_time":0,"source_url":"https://crypto.news/xrp-whales-snap-up-70m-tokens-as-exchange-hit-new-low/","article_id":"2652425348","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/xrp-whales-snap-up-70m-tokens-as-exchange-hit-new-low/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2652425348","pubTimestamp":1784217255,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"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.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.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.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.On the 4-hour Binance chart, XRP is pressing against the","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"XRPR":"REX-OSPREY XRP ETF","XRPK":"T-REX 2x Long XRP Daily Target ETF","XXRP":"2倍做多XRP ETF-Teucrium","XRP":"Bitwise XRP ETF","XRPI":"1倍XRP ETF-Volatility Shares","UXRP":"Proshares Ultra XRP ETF","XRPT":"2倍杠杆XRP ETF-Volatility Shares","TOXR":"21shares XRP ETF","XRPC":"Canary XRP ETF","XRPZ":"Franklin XRP ETF","BITW":"Bitwise 10 Crypto Index ETF"},"translate_title":"随着交易所储备创下新低，XRP snap增加了 7000 万个代币","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XRPI":1.5,"XRPC":1.5,"XRPT":1.5,"XXRP":1.5,"XRPR":0.6,"XRP":1.5,"BITW":1.5,"TOXR":1.5,"UXRP":1.5,"XRPZ":1.5,"XRPK":0.6},"content_text":"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.\n\n\nSummary\n\n\n\nXRP whales accumulated 70 million tokens as Binance reserves fell to a five-month low.\nXRP is testing triangle resistance near $1.12 as buying pressure remains positive.\nFutures open interest reached $2.5 billion, with liquidation clusters surrounding the current price.\n\n\n\nSantiment 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.\n\n70 million $XRP bought by whales in the past week. pic.twitter.com/tdBd0MBcVD— Ali Charts (@alicharts) July 16, 2026\n\nWhale 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.\n\n✍️ 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\n\nCooling 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.\nExchange 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.\n\nBinance'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\n\nBinance 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.\nXRP tests resistance inside a tightening triangle\nAs 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.\nOn 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.\nXRP price 4-hour chart — July 16 | Source: crypto.news\nCapital 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%.\nDaily 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.\nXRP price daily chart — July 16 | Source: crypto.news\nThe 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.\nDerivatives liquidity surrounds the current price\nCoinGlass 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.\nXRP liquidation heatmap | Source: CoinGlass\nThe 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.\nBelow 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.\n\n\n  \n\n            Disclosure: This article does not represent investment advice. 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