CoinDesk

XRP Whales Keep Buying the Dip, But Ether Shows Deeper Capitulation

August 6, 2026•01:46 AM

CryptoQuant data reveals that large XRP holders are engaged in "quiet accumulation" during price dips, indicating long-term confidence rather than an imminent breakout. Meanwhile, ether (ETH) is displaying deeper capitulation, with its current price below realized value, meaning many holders are operating at significant loss.

This market dynamic creates an interesting scenario for investors, as the analysis suggests ETH presents the "strongest valuation case" among Bitcoin, Ethereum, and XRP. The discrepancy between XRP whale behavior and ETH holder capitulation may signal a potential turning point for the second-largest cryptocurrency, while XRP shows resilience without an immediate upside breakout signal.

This situation places ETH in an interesting position from a valuation standpoint, making it the "strongest case" among Bitcoin, Ethereum, and XRP. Realized value represents the average price at which coins were last moved, and when the market price falls below this level, it indicates that many holders are operating at a loss. While XRP investors seem to be building positions discreetly, ETH holders appear to be giving up, potentially creating an interesting buying opportunity for analysts who believe in ether's recovery potential.

This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.

Read Full Article at CoinDesk

⚡

Support Jornal Bitcoin

Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.

Wallet of Satoshi

jonata@walletofsatoshi.com

Daily Crypto Brief 📬

Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.

Join more than 10,000 smart readers.

Related News

CoinDesk★ Featured

S&P 500 has added crypto's $2 trillion market cap this month. Bitcoin is not impressed. Here's why

The S&P 500 has added roughly the entire crypto market's $2 trillion market cap this month while Bitcoin remains largely unmoved. This stark divergence between traditional markets and crypto reveals a fundamental shift in investor behavior and risk perception that goes beyond simple market correlations.

Despite the S&P 500's impressive surge, Bitcoin has failed to mirror this momentum, suggesting investors may be differentiating between traditional risk assets and cryptocurrencies. This divergence indicates the crypto market may be operating with its own dynamics, influenced by factors like regulation, institutional adoption, and market sentiment that aren't tied to traditional equity market movements.

03:10 AMRead Brief →

CoinTelegraph★ Featured

EU Watchdogs Warn of Surge in Impersonation Scams Amid MiCA Crackdown

European financial watchdogs are issuing urgent warnings about a surge in impersonation scams targeting crypto customers amid the Markets in Crypto-Assets (MiCA) licensing shakeout. Criminals are deploying fake websites and falsified documents to impersonate both financial regulators and crypto businesses, specifically targeting customers of service providers that failed to secure EU authorization before the July 1 deadline.

Since the implementation of the MiCA regulation, several EU regulators have reported a significant increase in fraudulent activities. As unauthorized companies are required to wind down or transfer their EU operations, customers are forced to move their assets, creating a prime opportunity for scammers. French regulator AMF has already documented cases where fraudsters posed as officials, directing users to transfer assets through fake websites. This regulatory transition period presents substantial risks for crypto investors across the European Union.

03:07 AMRead Brief →

CoinTelegraph

Fed's Cook: Ready to Hike Rates if Inflation Fails to Cool

Federal Reserve Governor Lisa Cook has signaled she is 'prepared to act' by raising interest rates if US inflation fails to cool down. Speaking at a luncheon hosted by the Anchorage Economic Development Corporation, Cook emphasized that while some disinflationary forces are at play, she considers inflation risks higher than employment risks at this point. This hawkish stance from the Fed could potentially pressure crypto markets and other high-risk investments as borrowing costs increase.

The Federal Reserve's continued focus on combating inflation sends a clear message to financial markets, particularly to the cryptocurrency sector which has historically struggled with rising interest rates. Cook's statement comes as inflation remains 'too high' above the Fed's target, creating uncertainty about future monetary policy. Crypto investors and market enthusiasts should closely monitor upcoming Fed decisions, as any additional tightening measures could significantly impact digital asset prices and other speculative investments.

02:44 AMRead Brief →

Crypto Briefing

Russia's New Odesa Strikes Escalate Black Sea Conflict, Threatening Global Trade

Russia's intensified strikes on Odesa mark a dangerous escalation in the Black Sea conflict, exacerbating Ukraine's economic crisis and disrupting maritime trade routes. The attacks complicate Kyiv's efforts to reclaim Crimea while creating regional instability that sends shockwaves through global markets. The escalating hostilities pose a significant threat to global energy security and supply chains, with Ukraine serving as a critical corridor for agricultural and energy exports. This deteriorating situation could trigger price increases and market volatility across financial sectors, including the cryptocurrency market where investors often flock to safe-haven assets during geopolitical uncertainty. The escalating Black Sea hostilities pose a significant threat to global energy security and supply chains, with Ukraine serving as a critical corridor for agricultural and energy exports. The deteriorating situation could trigger price increases and market volatility across financial sectors, including the cryptocurrency market where investors often flock to safe-haven assets during geopolitical uncertainty.

02:07 AMRead Brief →

Crypto Briefing

Fed's Cook Signals Rate Hikes Ahead as Inflation Refuses to Cool

Federal Reserve official Michelle Cook has signaled readiness to implement further interest rate hikes should inflation fail to show signs of cooling. This hawkish stance from the US monetary authority represents a significant warning for global financial markets, including the cryptocurrency sector, which historically suffers under tightening monetary conditions.

Cook's statement comes amid persistent inflation data that continues to challenge central bank expectations. Maintaining higher rates for longer directly impacts borrowing costs, slows economic growth, and introduces volatility into financial markets. For cryptocurrency investors, this scenario increases pressure on assets considered higher-risk, while strengthening the US dollar and reducing appetite for alternatives to the traditional financial system.

02:03 AMRead Brief →

CoinDesk★ Featured

Bitcoin Holds Steady Above $64K as Traders Eye $100B SpaceX Unlock

Bitcoin shows remarkable resilience holding steady above the psychological $64K mark as global financial markets brace for one of the largest stock unlocks in history. With $101 billion in SpaceX shares set to become tradable this Thursday, cryptocurrency traders and traditional markets alike are watching closely for potential ripple effects from the billionaire Elon Musk's company. The volatility in equity markets, exemplified by the 4.4% drop in South Korea's Kospi index, reflects uncertainty surrounding the artificial intelligence trade, a factor that could influence Bitcoin trader behavior. The SpaceX stock unlock represents an unprecedented event that could redirect capital flows between different asset classes, including cryptocurrencies, and test Bitcoin's ability to maintain its safe-haven status amid traditional market turbulence.

01:59 AMRead Brief →