XRP Whales Increase Holdings Amid Price Drop – Is a Break Above $3.40 Possible?

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Aug 18 2025

Whale Accumulation: Large XRP holders purchased 120 million XRP in a single day amidst a significant market decline, indicating confidence despite the token's loss of billions in value.
Market Trends: XRP's price remains stable above $2.74, with analysts predicting potential targets between $3.80 and $5.5, while its market cap has decreased by $15 billion since early August.
Price Projections: Analysts suggest that XRP could see short-term gains of up to 44% and long-term predictions range from $12.73 to as high as $50, influenced by speculation regarding a potential US spot ETF for XRP.
Supply Dynamics: The recent accumulation of 440 million tokens by whales has reduced circulating supply, which may support prices if demand increases in the future.

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Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.