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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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  1. Whales accumulated 70 million XRP tokens within one week despite recent market dips Newsworthy Reliable Very positive
  2. XRP price rose over 5% in days to $1.12 amid whale buying and easing US inflation concerns Newsworthy Reliable Positive
  3. XRP futures open interest increased to $2.50 billion, reflecting fresh capital inflows Newsworthy Reliable Positive
  4. Binance's XRP reserves fell to 2.61 billion, their lowest since February 2026 Relevant Reliable Neutral
  5. Santiment data indicates bullish sentiment with over three bullish comments per bearish one for XRP Relevant Reliable Positive
  6. Binance announced an $800,000 XRP airdrop to support RLUSD stablecoin adoption Relevant Reliable Positive
  7. XRP trading volume dropped over 15% amid ongoing market uncertainty Relevant Reliable Negative
  8. 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%

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