$2 XRP Dream Is Back: Crypto Whales Absorb $2.2 Billion Tokens in 96-Hour Spree

u.today 9 h

Analytics

One of the largest $XRP buying campaigns of the second half of 2026 is unfolding on the market. In just 96 hours, large investors have absorbed approximately 1.54 billion tokens from the market.

At the current exchange rate, this amount is valued at $2.2 billion. Against this backdrop, $2.00 per coin has once again become a tangible target.

Data from the analytics platform Santiment clearly confirms a sharp shift in sentiment among key network participants. The supply distribution chart shows a vertical surge in holdings. The combined balances of whale addresses have broken out of a prolonged plateau in just a few days and surged toward peak levels.

*$XRP whale accumulation jumps to 9.81 bililon tokens, Source:* *Ali Martinez / Santiment*

The buying spree comes amid the formation of a rare technical pattern, the inverse head and shoulders, on the daily $XRP/USD chart. The anatomy of this move is as follows:

Defense zone: Large investors have established strong support around $1.33, forming a solid right shoulder of the pattern.
Current base: The token's price is currently holding around $1.40, demonstrating firm stability.
Main barrier: The key resistance for buyers remains the neckline at $1.55.

The main barrier is $1.55. What happens if $XRP breaks through?

The market is successfully absorbing massive volumes of incoming liquidity. According to on-chain trackers, a large inflow of $XRP to the Binance exchange has been recorded. Under normal conditions, the arrival of such volumes on trading platforms triggers panic and a decline in prices.

However, the current aggressive buying demand is fully absorbing this supply. Tokens are being rapidly withdrawn from exchanges to cold wallets for long-term holding. This factor significantly reduces selling pressure and limits the risk of sudden sell-offs.

The fate of the large-scale rally is being decided within the current price range. If the current 96-hour momentum allows bulls to secure a daily close above the $1.55 resistance level, the bullish pattern will be confirmed. In that case, the technical setup could open a direct path for $XRP toward the psychological $2 mark.