$XRP Whales Absorb Billions Amid Technical Setup for $2 Price Target

A massive $XRP buying campaign is underway on the market, with large investors absorbing approximately 1.54 billion tokens in just 96 hours.

This translates to a value of around $2.2 billion at current exchange rates, and has set a tangible target for the token's price: $2 per coin.

The buying spree is accompanied by a rare technical pattern, the inverse head and shoulders, forming on the daily $XRP/USD chart.

Data from Santiment shows a sharp shift in sentiment among key network participants, with whale addresses breaking out of a prolonged plateau to surge toward peak levels.