Ripple (XRP) Price: Major Holders Accumulate as Binance Supply Hits Five-Month Low

Key Highlights

• Major XRP holders added 70 million tokens during the July 11–15 period, increasing total whale balances to 3.83 billion XRP.
• XRP reserves on Binance declined to 2.61 billion, marking the lowest point since February 2026.
• The digital asset trades around $1.11 while approaching resistance within a symmetrical triangle formation.
• Open interest in XRP futures climbed to $2.5 billion, featuring significant liquidation zones concentrated between $1.09 and $1.14.
• A new $800,000 XRP airdrop campaign for RLUSD holders was introduced by Binance, scheduled from July 17 to August 14.

Trading activity shows XRP hovering around $1.11 following a greater than 5% bounce from its recent bottom near $1.05. This upward momentum has coincided with intensified purchasing from large-scale investors and declining token availability on major exchanges.

According to blockchain analytics from Santiment highlighted by cryptocurrency analyst Ali Martinez, addresses containing 1 million to 10 million XRP expanded their aggregate holdings from approximately 3.71 billion to 3.83 billion tokens during the four-day span between July 11 and July 15. This translates to nearly 70 million XRP absorbed by substantial holders within a single week.

Concurrently, XRP balances held on Binance decreased to 2.61 billion tokens, representing the platform’s lowest inventory level recorded since February 2026. Exchange holdings have contracted from more than 3 billion XRP observed in late 2025. Reduced exchange inventory typically indicates fewer tokens readily accessible for immediate sale, although this metric alone doesn’t ensure upward price movement.

Binance’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 @ArabxChainpic.twitter.com/THfjKcbIFD

— CryptoQuant.com (@cryptoquant_com) July 15, 2026

Favorable macroeconomic indicators from declining US inflation figures also bolstered overall cryptocurrency market sentiment. Latest consumer and producer inflation measurements diminished expectations for aggressive monetary tightening, contributing to XRP’s recovery from recent depressed levels.

Symmetrical Triangle Formation Highlights $1.12 Threshold

Technical analysis of the 4-hour timeframe reveals XRP challenging the upper boundary of a symmetrical triangle structure. The downward-sloping resistance trendline converges near $1.12, while ascending support approaches the $1.06–$1.08 region. Successfully breaching above $1.12 could establish momentum toward $1.1843, representing the July 4 peak.

The 4-hour Chaikin Money Flow indicator registers 0.26, signaling positive capital inflows. The MACD histogram on the daily timeframe has shifted into positive territory at 0.0053. Nevertheless, the daily Relative Strength Index remains neutral at 49, and TradingView’s comprehensive technical aggregator currently assigns XRP/USD a neutral rating.

Market strategist DukesMarketAnalysis observed that purchasing activity has not yet achieved a decisive penetration above $1.12. “A confirmed breakout above this resistance level would substantially reinforce the bullish outlook,” the analyst commented.

Technical specialist Ali Charts indicated that the monthly timeframe displays a TD Sequential buy indication, while the hourly perspective shows XRP consolidating within a symmetrical triangle. He emphasized that surpassing $1.13 decisively could trigger a potential 20% advance targeting $1.35.

XRP: BREAKOUT AHEAD!?

The monthly chart is flashing a TD Sequential buy signal, while the hourly chart shows $XRP consolidating inside a symmetrical triangle.

A breakout above $1.13 could open the door to a 20% rally toward $1.35. https://t.co/LSkn4NoAWPpic.twitter.com/8LtBFkCSOE

— Ali Charts (@alicharts) July 16, 2026

Futures Market Creates Pressure Zones Near Current Price Action

Information from CoinGlass indicates XRP futures open interest approaching $2.50 billion, reflecting a 2.65% increase during the past 24 hours. The liquidation heatmap for the same period reveals concentrated liquidity clustering between $1.117 and $1.13 immediately above present levels, with supplementary positioning around $1.14.

Beneath current trading levels, another liquidity concentration exists at $1.09–$1.10. Inability to maintain this zone could potentially expose underlying support structures near $1.06.

Additionally, Binance unveiled an $800,000 XRP distribution initiative targeting Ripple USD holders, operational from July 17 through August 14, allocating XRP weekly every Friday to qualifying participants across Binance Earn, Margin, and Futures platforms.

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