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Markets

Top Crypto Pundit Has A Message for XRP Holders

XRP investor Edo Farina has presented what he describes as a key on-chain pattern that could signal a significant change in XRP’s market outlook. In a video posted by Crypto Investor King Kar

AnonymousCryptoCompass newsroom
August 20, 2026
3 min read
NEWS
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XRP investor Edo Farina has presented what he describes as a key on-chain pattern that could signal a significant change in XRP’s market outlook.

In a video posted by Crypto Investor King Karan on X, Farina compared current wallet activity with the period surrounding XRP’s major move after the 2019 market downturn.

Farina acknowledged that XRP’s recent price performance has disappointed investors, but said he is focusing less on short-term price action and more on on-chain data. According to him, the number of wallets holding at least 1 million XRP has risen from approximately 2,006 to 2,038 over the past few months.

He considers the increase important because he believes large XRP holders are accumulating while smaller holders are becoming increasingly discouraged. Farina said this pattern resembles what he observed before XRP recorded a major price increase in the previous cycle.

2019 Experience Shapes Farina’s View

Farina recalled buying his largest XRP position in 2019 when the token traded below $0.17. He said he made that decision after observing on-chain activity that indicated large wallets were accumulating XRP while other investors were selling.

According to Farina, XRP later climbed above $1.80 within a few months. He said the experience strongly influenced his approach to analyzing XRP and reinforced his preference for on-chain information over market sentiment.

Farina now believes a similar pattern is developing. He said the market currently shows significant fear toward XRP, with some investors blaming Ripple and its executives for the token’s performance. However, he maintained that large wallets are moving in the opposite direction.

He also emphasized that the increase in wallets holding at least 1 million XRP does not prove that financial institutions are responsible for the purchases. Farina acknowledged that investors cannot identify the owners of these wallets simply from the available data.

Farina Rejects Short-Term Regulatory Expectations

Farina also pushed back against expectations that the CLARITY Act will directly drive XRP’s next major price increase. He said he does not believe legislation alone will determine XRP’s long-term value.

Instead, he expects XRP’s future valuation to depend on practical use cases, including financial settlement and activity on the XRP Ledger. He said he expects the role of decentralized ledgers, artificial intelligence and institutional blockchain applications to develop further over the next several years.

Farina described the current market conditions as a period that tests investors’ conviction. He said investors should distinguish between speculation and information that can be verified on-chain.

His central message remains focused on the wallet data. Farina said large XRP wallets are accumulating while smaller wallets are selling, and encouraged investors to examine the available data themselves rather than relying solely on his interpretation.

He also stressed that his comments are not financial advice and that investors should conduct their own research before making decisions.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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