XRP Whales Keep Buying the Dip, Ether Shows Deeper Capitulation

XRP whales have kept buying as the token slid from $2.40 to the current $1.00‑$1.20 range, but the activity has not lifted market prices.

XRP Whales’ Quiet Accumulation

On‑chain data from CryptoQuant shows average spot order sizes have remained in the “big‑whale” territory throughout 2026. Simultaneously, the 90‑day taker cumulative volume delta has drifted from an early‑year buyer‑dominant stance to a neutral position.

■Average spot order size stays in big‑whale range.

■90‑day taker volume delta is now neutral.

Ether’s Deep Capitulation and Cost‑Basis Gap

Ether trades around $1,900, while its realized price sits near $2,450, meaning the aggregate cost basis of all coins is 29% above the current price, indicating a paper‑based capitulation.

■ETH price $1,900 vs realized $2,450 → 29% cost‑basis gap.

■Wallets holding 10k‑100k ETH grew from 14 M ETH to a record 19.6 M ETH.

■The 100k+ ETH cohort rose from 2.6 M ETH to 4.6 M ETH.

Bitcoin Whales Shift Gears

Excluding exchange and mining‑pool addresses, Bitcoin whales moved from a low of 2.87 M BTC in December 2025 to roughly 3.06 M BTC now, still about 170 k BTC below the 2025 bull‑cycle peak of 3.23 M BTC.

■Bitcoin whales hold 3.06 M BTC.

■Gap to peak: 170 k BTC.

Binance’s Diversified Financial Suite

Binance continues to cement its position as the leading crypto exchange, expanding beyond spot and derivatives into RWAs, payments, savings, yield products, and broader financial services.

Markets are watching these silent accumulation moves as a litmus test for liquidity. XRP’s dip buying could lay the groundwork for a price rebound, but Ether’s cost‑basis deficit signals a deeper correction. The rising Bitcoin whale positions may provide a support layer ahead of the next rally. Binance’s expanding service stack bridges traditional finance and crypto, fueling institutional demand.