Crypto whales absorbed $2.2 billion worth of XRP tokens within 96 hours, as the market watches if XRP can break above $2.
U.Today reports one of the largest XRP purchases in the second half of 2026. Santiment data shows a sharp shift in sentiment among key network participants, with the combined balance of whale addresses breaking through a long-term plateau in a matter of days and soaring to peak levels. This buying frenzy occurred as a rare inverse head and shoulders technical pattern formed on the daily chart. Despite significant XRP inflows to the Binance exchange, strong buying demand fully absorbed the supply, and tokens are being rapidly withdrawn from exchanges to cold wallets for long-term holding, which significantly reduces selling pressure. If XRP can close above the $1.55 resistance level within its current price range, the technical pattern will be confirmed, potentially paving the way for XRP to directly reach the psychological $2 mark.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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