XRP Whales Load Up Ahead of Potential Breakout

Large holders have been buying up XRP in recent days, accumulating over $2.2 billion worth of the token in just 96 hours.

This sudden spike in activity has sparked talk of a breakout among crypto analysts, with some seeing it as a strong signal that smart money is positioning for a bigger move.

According to data shared by crypto analyst Ali Charts, whale wallets have accumulated roughly 1.54 billion XRP over the past few days.

The on-chain metrics also suggest that the rally may not be done yet, with relatively thin resistance ahead until the $1.60 mark, where around 2.50 billion XRP previously changed hands.

Veteran trader Peter Brandt shared his long-term chart of XRP, which implies an eventual advance toward $5.40, but he cautioned that a chart or a 'call' is not a trade and traders should be able to back up their claims with proof.