Summary

• XRP whales purchased 1.54 billion tokens worth $2.2 billion, lifting combined holdings toward 9.81 billion XRP collectively within 96 hours.
• Buyers defended $1.33 support while XRP held near $1.40, preserving an inverse head-and-shoulders pattern targeting resistance around $1.55 for confirmation.
• Buyers absorbed Binance inflows as exchange withdrawals reduced available supply, strengthening XRP’s potential path toward the psychological $2 price level.

XRP whales purchased approximately 1.54 billion tokens within 96 hours, placing the cryptocurrency’s potential move toward $2 under renewed attention. The accumulated XRP carried an estimated market value of $2.2 billion based on prices recorded during the intensive buying campaign.

According to analyst Ali Martinez, Santiment data showed combined whale balances rising toward 9.81 billion XRP across the measured period. That increase ended a prolonged period of stable holdings, suggesting large investors strengthened their positions while XRP traded near $1.40. Moreover, buyers defended the $1.33 region, which forms the right shoulder of an inverse head-and-shoulders pattern on the daily chart.

Also Read: Jazzi Cooper: Early Life and Net Worth – The RippleX Product Head Advancing Blockchain Finance and AI

Whale Demand Supports Bullish XRP Structure

The developing formation remains widely regarded as important because traders often view an inverse head-and-shoulders pattern as a potential bullish reversal signal. However, XRP must secure a daily close above the $1.55 neckline before the technical structure receives credible bullish confirmation.

Such a breakout would directly strengthen the bullish setup and open a possible route toward the psychological $2 price level. Large XRP deposits entering Binance also tested whether buyers could absorb additional supply without allowing sellers to control price movements.

Nevertheless, the market reportedly absorbed those deposits while XRP maintained stability around $1.40, demonstrating persistent demand within the established range.

Exchange Withdrawals Reduce Available XRP Supply

Additionally, buyers moved tokens from exchanges into cold wallets, indicating that some investors preferred longer holding periods over immediate trading. Those withdrawals can reduce the amount of XRP available for sale, particularly when demand remains strong across major cryptocurrency exchanges.

Consequently, lower exchange supply could strongly support XRP during another attempt to overcome the resistance positioned around $1.55. Whale accumulation alone cannot guarantee a breakout because wider market conditions, trading volume, and investor sentiment still influence XRP’s direction.

Conversely, a confirmed close above the neckline would complete the pattern and strengthen the case for a move toward $2. Therefore, the 1.54 billion-token purchase has reinforced XRP’s market structure while making $1.55 the decisive level for the projected rally.

Also Read: Bitcoin Reclaims $81,000 as Binance Reserves Reach 2026 High