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XRP Price News: Whales Accumulate as Small Holders Capitulate

Whale wallets added 2.8% more XRP over five weeks as Trump’s Senate move eased a legal hurdle that could classify the token as a commodity.

  • On Monday, July 20, XRP climbed to $1.16, its highest level in two weeks, after President Trump agreed to the ethics provision blocking the CLARITY Act in the Senate.
  • The CLARITY Act carries significant weight for XRP because it would write the coin's status as a commodity into U.S. law, potentially encouraging institutional participation.
  • Wallets holding between 100,000 and 100 million XRP added 2.8% more coins over the past five weeks, according to data firm Santiment, signaling deliberate accumulation.
  • Whale deposits to Binance dropped to about 947 million XRP over 30 days, a two-month low, meaning fewer coins are queued up to hit the market.
  • Democrats have rejected the current ethics proposal, leaving a narrow window before the August 7 recess, while XRP must reclaim the $1.18 to $1.20 zone to break its year-long downtrend.
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https://www.cryptela.com broke the news on Tuesday, July 21, 2026.
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