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XRP Price and Open Interest Surge as Whales Acquire 70 Million Coins in a Week
Overall sentiment: Very positive
Open original · Varinder Singh Thu, July 16, 2026 at 11:11 AM GMT+3 2 min read
Published Jul 16, 2026 · Retrieved Jul 16, 2026
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- Whales accumulated 70 million XRP tokens within one week despite recent market dips Newsworthy Reliable Very positive
- XRP price rose over 5% in days to $1.12 amid whale buying and easing US inflation concerns Newsworthy Reliable Positive
- XRP futures open interest increased to $2.50 billion, reflecting fresh capital inflows Newsworthy Reliable Positive
- Binance's XRP reserves fell to 2.61 billion, their lowest since February 2026 Relevant Reliable Neutral
- Santiment data indicates bullish sentiment with over three bullish comments per bearish one for XRP Relevant Reliable Positive
- Binance announced an $800,000 XRP airdrop to support RLUSD stablecoin adoption Relevant Reliable Positive
- XRP trading volume dropped over 15% amid ongoing market uncertainty Relevant Reliable Negative
- A price breakthrough above $1.15 could push XRP toward a target of $1.20 in near term Relevant Plausible Positive
Type: standard news · Analysis confidence: 95%