XRP (XRP) Sees $28M ETF Surge as Whales Scoop Up 460 Million Tokens

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Key HighlightsUS-based XRP ETFs attracted $28.14 million on August 26, marking 2026’s second-biggest daily inflowBitwise dominated with $13.12 million in contributions, with Franklin Templeton and Canary Capital followingWhale wallets scooped up approximately 460 million XRP tokens, the strongest accumulation pattern since FebruaryXRP surged past its 200-day EMA for the first time since October 2025, sparking a rally to $1.70Critical support established between $1.35–$1.40, with traders monitoring $1.48–$1.52 as the next breakout areaXRP bounced back above the $1.40 threshold following a week characterized by robust institutional participation and heightened ETF interest. The digital asset gained approximately 20% across a seven-day period before experiencing profit-taking near the $1.70 peak.XRP PriceAccording to data compiled by SoSoValue, US-listed spot XRP exchange-traded funds registered $28.14 million in net inflows on August 26. This represented the second-strongest daily performance in 2026, trailing only the January 5 session that attracted $46.1 million.Bitwise’s XRP exchange-traded fund captured the lion’s share with $13.12 million in inflows, representing 46% of the day’s total. Franklin Templeton’s XRPZ product contributed $9 million, while Canary Capital’s XRPC fund attracted $6.01 million. Neither 21Shares nor Grayscale reported activity during this session.Source: SoSoValueXRP-focused ETFs have maintained a seven-day streak of positive net inflows, collectively drawing $106 million throughout this period. This pattern indicates a resurgence of institutional appetite, with major investors capitalizing on the recent price correction.Major Holders Increase Positions During CorrectionLarge-scale holders added roughly 460 million XRP tokens to their portfolios during the recent retracement, representing the most substantial whale accumulation observed since February. This behavior demonstrates conviction among sophisticated market participants despite short-term price volatility.Last week, XRP climbed above its 200-day exponential moving average for the first time since October 2025. This technical breakthrough catalyzed a short squeeze that propelled prices to $1.70 before encountering resistance.Following this spike, the token retraced and tested the 200-day EMA from overhead, where demand emerged once again. Market participants are now closely monitoring the $1.35–$1.40 range as critical support infrastructure.Technical analyst Jules (@JulesNetX) characterized the advance from $1.00 to $1.70 as a liquidity capture at the upper boundary. He observed that the subsequent pullback found support within the $1.36–$1.40 demand area, suggesting that maintaining this level would bring $1.48–$1.52 back into focus with decisive 4-hour closures. He cautioned that failure to hold could necessitate a more substantial correction.$XRP went almost vertical from $1.00 to $1.70 before taking a breath.That wick at $1.70 looks more like a liquidity sweep than real acceptance. The pullback has now landed right in the $1.36–$1.40 demand zone, this is the level that matters.As long as we hold here, the next… pic.twitter.com/KQC3H6Ygqk— Jules 𝕏 (@JulesNetX) August 27, 2026Broader Market Context and Sentiment IndicatorsThe cryptocurrency sector received additional support from macroeconomic catalysts. The United States Treasury Department disclosed an expansion of bond repurchase operations, which moderated interest rate increase expectations heading into September’s Federal Reserve policy meeting.The Crypto Fear and Greed Index climbed into “Extreme Greed” territory at 80, reaching levels last observed in December 2024. During that previous episode, XRP was changing hands near $3.40 following the post-election momentum surge.Source: TradingViewAs of August 27, XRP traded at $1.4634. The Relative Strength Index registered 56.48, indicating moderate bullish momentum without entering overbought conditions. The Chaikin Money Flow indicator measured 0.04, marginally above neutral territory.Immediate resistance appears at $1.50. Clearing this barrier would expose $1.60, representing approximately 9.3% upside from present levels. One market strategist has established a price objective of $1.80 with risk management positioned beneath the 200-day EMA.The post XRP (XRP) Sees $28M ETF Surge as Whales Scoop Up 460 Million Tokens appeared first on Blockonomi.