XRP price falls below $1.13 as large wallets continue buying

The XRP token slipped under the $1.13 level, breaking the point of control that had acted as a key support zone. Analysts now watch the psychologically important $1.00 mark as the next potential support.

On‑chain metrics show extreme investor losses – the 30‑day MVRV ratio is around –45 % and the 365‑day ratio about –47 %, the lowest in more than a decade. Despite the drop, large holders are increasing positions: wallets with 10‑100 million XRP added roughly 160 million XRP in June, while smaller groups (100 000‑1 million and 1‑10 million) together added about 50 million XRP. The accumulation by big wallets is being interpreted as a possible sign of bottom formation.