$2 Billion Whale Buying Spree Drives XRP Towards Breakout

A significant buying campaign is underway in the XRP market, with large investors absorbing approximately $2.2 billion worth of tokens over the past 96 hours.

This massive influx has drained XRP from exchanges, setting the stage for a potential breakout towards the $2 mark.

Data from Santiment shows a sharp shift in sentiment among key network participants, with whale addresses accumulating a total of 9.81 billion tokens.

The current technical setup on the daily XRP/USD chart is an inverse head and shoulders pattern, with support around $1.33, stability at $1.40, and resistance at $1.55.