Altcoins News

Story: XRP Price Surges to $1.54 as Whales Accumulate $2 Billion in Token

By Pankaj K

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Whales Move $2 Billion in XRP. Whale accumulation at this scale tends to compress supply on exchanges.

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What $1.60 Means for the Market. Price targets in crypto are part technical, part psychological. The $1.60 mark is both.

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Traders Watch for Continued Accumulation. The key question isn't whether XRP can touch $1.60. It's whether the whales who drove it to $1.

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XRP jumped 8.7%. That's not a small move for any asset in a single session, and the crypto market noticed fast.

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The price landed at $1.54, pushed there by a wave of buying from large holders — the so-called whales that tend to move markets when they decide to act.

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Whale accumulation at this scale tends to compress supply on exchanges. When large holders pull XRP off trading platforms and into private wallets, the available float shrinks.

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XRP has had a complicated few years. Regulatory uncertainty weighed on it hard for a long time, keeping institutional money on the sidelines.

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Price targets in crypto are part technical, part psychological. The $1.60 mark is both. Technically, it sits above recent resistance that XRP has struggled to clear on prior…

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Read also: Perplexity AI Predicts XRP to Reach $3.25 by 2027 as Whales Invest $2 Billion

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Trading volumes across exchanges have picked up alongside the price move. That's a decent sign — price gains on thin volume are fragile.

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Some participants are staying cautious. Reasonable.

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The volatility argument never really goes away in crypto. XRP could push through $1.60 and keep running, or it could stall and retrace if whale selling kicks in before retail…

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The key question isn't whether XRP can touch $1.60. It's whether the whales who drove it to $1.54 keep buying once it gets there, or whether they start trimming.

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More context: Bitcoin ETFs Soar with Nearly $1 Billion in Inflows as Price Surpasses $86,000

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Smaller investors are watching on-chain data closely for exactly that reason. Whale wallet movements, exchange inflows and outflows, large transaction counts — these are the…

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