XRP Whale Accumulation Hits $2.2 Billion Amid Price Recovery

XRP whales have been accumulating tokens at an unprecedented rate, buying $2.2 billion worth of XRP over the past 96 hours.

This significant accumulation comes as the price of XRP recovers from lower levels, trading between $1.33 and $1.40.

According to Santiment data, large-holder balances have climbed to 9.81 billion XRP, indicating that larger investors are positioning ahead of a potential price move.

The inverse head-and-shoulders pattern forming on the daily chart suggests a right shoulder near $1.33 and neckline resistance at $1.55.

A confirmed break above this neckline could open a measured move toward $2, while a long-term Macro W pattern points to conservative, average, and optimistic targets of $13, $22, and $35.