# XRP Whales Hold Steady as Traders Watch Key $1.53 Level By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/30203 Published: 2026-10-12T10:40:37.000Z Updated: 2026-10-12T10:40:37.000Z Section: Investing > Large holders controlled about 3.90 billion XRP over the past week without significant accumulation or distribution as the token traded near $1.40. XRP’s large holders remained largely inactive over the past week as the token traded at $1.40 and analyst Ali Martinez highlighted $1.53 as a key level for the market to watch. Whales held about 3.90 billion XRP during the period, with no significant accumulation or distribution recorded. The limited change contrasts with an earlier [accumulation wave involving more than 470 million XRP]() over five days, valued at more than $720 million. Martinez identified $1.53 as a decisive level for XRP. A close above $1.53 could trigger a bullish breakout toward $1.62. XRP has been consolidating within a tightening triangle formation, bringing attention to whether trading activity will expand as the pattern narrows. The structure has kept the market focused on a potential increase in volatility while whale holdings remain stable. Trader Crypto Michael urged XRP bulls to prepare for “a lot of green.” He previously highlighted XRP’s breakout from a seven-year pennant in 2024, before the token moved above $3 later that year. With whale holdings steady, traders are weighing the $1.53 threshold against XRP’s $1.40 price as they monitor the tightening pattern. ## Links in this article - [accumulation wave involving more than 470 million XRP](https://www.tokenpost.com/news/business/24408)