Coinbase Order-Book Walls Pin XRP Near $1.47 Amid Rally
Large buy and sell walls on Coinbase hold XRP price near $1.47 to $1.48 during the August 2026 crypto rally. XRP whales moved 231 million tokens off
Summary
- Large buy and sell walls on Coinbase hold XRP price near $1.47 to $1.48 during the August 2026 crypto rally.
- XRP whales moved 231 million tokens off Binance in a single day while accumulating 300 million over 96 hours.
- Gemini enabled native XRP Ledger transfers for users in Singapore on August 25 as market flows intensify.
XRP price stays pinned near $1.47 on Coinbase. The broader crypto rally in August 2026 has not shaken it loose. Large institutional walls in the order book keep capping quick upside moves.
These walls sit on both buy and sell sides right at current levels.
Traders watch them closely. They absorb pressure without letting price break higher even as other assets advance.
Context
XRP price action has split from the rest of the market this month. Bitcoin and other major tokens pushed higher. XRP stayed stuck in a tight band around the $1.47 mark on the largest U.S. exchange.
Coinbase order book data shows repeated large bids and offers. They reset whenever price tests the edges. This setup formed after XRP posted strong gains earlier in the summer.
Details
A TipRanks snapshot captured sizable walls holding XRP near $1.48. These orders look institutional. They have taken in selling pressure without letting sustained moves above the level.
"Large walls holding XRP near $1.48."
, TipRanks snapshot
On August 26, XRP slid 6.6 percent to $1.37 amid a short-term pullback across crypto markets, according to Coinbase price data. Exchange flows tell a separate story. Reports show 231 million XRP left Binance in one day while whale activity reached a six-month high. At the same time, whales bought 300 million XRP over a 96-hour window.
Gemini added native XRP Ledger support for deposits and withdrawals in Singapore on August 25. The update expands direct on-chain access for customers in that region and aligns with rising interest in XRPL utility.
Outlook
Traders will monitor the Coinbase order book for signs the walls are being absorbed or reinforced. Whale flows and any further exchange outflows serve as key indicators for the next directional move.
