Large XRP holders accumulated more than 642 million XRP near the psychological support level of $1 as the U.S. Securities and Exchange Commission proposed measures to ease token fundraising rules. XRP traded around $1.0052 as broader crypto markets stabilised after last week’s drop. Big wallets increased holdings through additional purchases in early and mid-August, while large-value XRPL transactions surged. Ripple also raised funds via a private bond sale and reported diverging RLUSD burn trends across chains.

Bitcoin treasury firm Imperi Digital sold 1,635 bitcoin for $102.2 million between July 1 and Aug. 6, cutting total holdings to 1,279 BTC. Of that, 954 BTC is restricted as collateral for $35 million of debt, leaving 325 BTC freely usable. The company previously sold bitcoin to meet cash needs and repaid borrowings. Loan terms require a 174 percent collateral ratio, with margin-call and liquidation triggers.