XRP edges higher as whale activity rises while retail traders stay cautious

XRP is starting to show signs of accumulation near $1, but the chart has not fully caught up. The token edged higher after a sharp intraday volume spike, while new wallet creation reached its strongest level in three months and whale activity diverged from cautious retail positioning. That puts the focus on whether buyers can turn support defense into a move back above $1.10.

• XRP Ledger recorded 4,941 new wallet creations in a single day, the strongest daily growth in more than three months.

• CryptoQuant data showed the All CEX Whale vs Retail Spread at 50.9%, with Binance’s measure at 44.6%, pointing to stronger large-holder activity while retail participation remained cautious.

• XRP spot ETFs added $15.34 million in net inflows on June 29, with Bitwise accounting for $11.94 million of that total.

• June inflows across XRP ETFs surpassed $62 million, taking cumulative net flows to roughly $1.48 billion.

• XRP rose 1.41% to $1.0613 during the 24-hour session ending July 2 at 04:16 UTC.

• The token underperformed the broader crypto market by 1.27%, showing that the move was still modest despite stronger network and whale activity.

• The main breakout came at 03:27 UTC, when XRP pushed through $1.0560 on volume of 5.34 million, a 1,433% jump from the preceding hourly average.

• Buying continued through the 03:27-03:53 UTC window, with total volume of 11.31 million as price reached a session high near $1.0665.

• The key development is that XRP continues to build higher lows above the $1.00 support area, with $1.0318 and $1.0410 forming the base of the latest recovery attempt.

• The breakout above $1.0560 improved the short-term structure, but the move still needs follow-through above $1.0665 to avoid turning into another range-bound bounce.

• Volume was strong during the breakout window, but 24-hour activity was only 5.95% above the seven-day average, which keeps the broader move from looking like a full trend shift.