Key HighlightsRipple’s XRP surged over 20% to reach $1.16, fueled by widespread crypto market momentum and positive regulatory signals from Washington.Large holders accumulated over 300 million XRP tokens within a 96-hour window.Crypto markets saw more than $1.5 billion in short position liquidations, amplifying XRP’s upward movement.XRP-based ETFs reported positive net inflows, with Bitwise and Franklin Templeton at the forefront.The $1.20–$1.25 range represents the critical technical threshold for continued bullish action.Ripple’s native token experienced a dramatic surge exceeding 20% during the recent trading session, advancing from approximately $1.00 to the $1.15–$1.25 corridor. Daily trading activity exploded by 392.81%, reaching $4.22 billion and reflecting substantial market engagement.XRP PriceThis upward movement coincided with a wider cryptocurrency market resurgence. Bitcoin advanced 11% and momentarily reached $71,500, marking its highest valuation in 80 days. The aggregate crypto market capitalization expanded by 10.94% to $2.44 trillion.A significant catalyst emerged from the White House crypto summit held on August 19. President Donald Trump urged Congressional action on the CLARITY Act, legislation designed to establish transparent regulatory guidelines for digital assets. Ripple’s CEO Brad Garlinghouse attended the high-level discussion.Simultaneously, the U.S. Treasury revealed intentions to expand long-term bond repurchase programs. Declining yields encouraged capital migration toward higher-risk asset classes, including cryptocurrencies.The Securities and Exchange Commission introduced a novel framework titled “Regulation Crypto Assets” on August 18. This proposal would enable qualified issuers to generate up to $5 million across four years and as much as $75 million within any 12-month span through token sales. The framework currently undergoes a 60-day public feedback period.Large Holders Tighten Available SupplyBlockchain analytics from Ali Charts revealed that major XRP holders acquired more than 300 million tokens across 96 hours. Total whale holdings increased toward 16.3 billion XRP.XRP WHALES GO CRAZY!More than 300 million $XRP have been scooped up by whales in just 96 hours. https://t.co/70eHTdeG8a pic.twitter.com/4Pv9ME8tEr— Ali Charts (@alicharts) August 20, 2026Market analyst Ali Charts shared via X: “XRP WHALES GO CRAZY! More than 300 million $XRP have been scooped up by whales in just 96 hours.” This accumulation wave propelled XRP beyond resistance markers at $1.05, $1.10, and $1.15.Additional intelligence from Santiment indicated that XRP Ledger addresses containing over 1 million tokens reached 2,038 on August 12, representing a multi-month peak.Forced Liquidations Amplify RallyOver $1.5 billion in leveraged cryptocurrency positions faced liquidation throughout the rally. XRP perpetual futures open interest decreased while Net Position Delta strengthened, indicators suggesting widespread forced closure of short positions.XRP exchange-traded funds contributed positively to market sentiment. Net capital inflows reached $2.35 million on August 19, with Bitwise contributing $1.19 million and Franklin Templeton adding $1.16 million. Combined ETF net assets attained $1.01 billion.Source: SoSoValueCritical Price ThresholdsXRP successfully recaptured its 50-day simple moving average positioned near $1.07. The 14-period Relative Strength Index registered 63.76, demonstrating bullish momentum while remaining below overbought territory.Source; TradingViewThe $1.20–$1.25 corridor now serves as the primary resistance barrier. Traditional pivot point R2 resides near $1.25, while the 200-period Exponential Moving Average sits around $1.34. Senate deliberation on the CLARITY Act is slated for September 15.The post XRP Soars 20% as Major Holders Accumulate 300M Tokens in Four Days appeared first on Blockonomi.