XRP whales bought about $640 million worth of tokens, signaling strong accumulation near the $2 price level as the token trades around $1.94. A break above $2.02 could unlock a move toward $2.20, signaling renewed strength and a potential breakout from the recent downtrend.
On-chain data show addresses holding between 100 million and 1 billion XRP added roughly 330 million tokens over the past 48 hours, valuing the move at around $642 million and highlighting renewed demand from large investors. Such behavior suggests XRP whales are capitalizing on depressed prices rather than exiting positions, with accumulation during consolidation often reflecting expectations of a recovery.
Macro indicators support the constructive outlook, as XRP’s liveliness declined over the past week, signaling reduced coin movement. Lower liveliness readings often reflect accumulation or holding patterns, and even a pause in selling by long-term holders can stabilize price action.
If momentum persists, XRP could push past $2.02 and toward $2.20, with accumulation by whales and declining long-term selling pressure supporting a bullish case. Nevertheless, downside risk remains if bearish momentum returns, potentially pulling the price toward $1.85 and then toward $1.79.
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