One of the most significant XRP purchasing initiatives of the latter half of 2026 is currently taking shape in the market. In a span of merely 96 hours, substantial investors have acquired around 1.54 billion tokens from the market. At the prevailing exchange rate, this amount is assessed at $2.2 billion. Against this backdrop, 2.00 per coin has once again become a tangible target. Data indicates a pronounced change in sentiment among essential network participants. The supply distribution chart indicates a pronounced vertical increase in holdings. The aggregated balances of significant addresses have recently experienced a notable breakout from an extended plateau, rapidly ascending toward peak levels within a matter of days.
The market is effectively accommodating substantial amounts of incoming liquidity. On-chain trackers indicate a significant inflow of XRP to the Binance exchange. Under typical circumstances, the influx of such volumes on trading platforms induces panic and results in a decrease in prices. However, the prevailing robust buying demand is entirely absorbing this supply. Tokens are being swiftly removed from exchanges and transferred to cold wallets for extended retention. This factor significantly mitigates selling pressure and constrains the risk of abrupt sell-offs.
The outcome of the large-scale rally is being determined within the existing price range. If the current 96-hour momentum enables bulls to achieve a daily close above the $1.55 resistance level, the bullish pattern will be validated. In that scenario, the technical configuration may facilitate a direct trajectory for XRP toward the psychological threshold of $2.
