In three days, 720 million tokens were purchased by long-term XRP customers. Do whales foresee a price explosion? A massive accumulation wave is indicated by on-chain data.
The price of the XRP made a sharp turn this week. Within three days, long-term holders bought 720 million tokens. The purchasing spurt was between January 9 and 11, 2026.
This is a significant change in behavior. The group had been selling steadily for over three months. They are now returning as aggressive buyers. Such a timeline has raised a lot of speculation in the crypto markets.
The accumulation cast instant doubt, according to Steph Is Crypto on X. LONG-TERM XRP HOLDERS JUST Bought 720M XRP in 3 Days. WHAT DO THEY KNOW?” the analyst tweeted. On January 11, 242.7 million coins were added to wallets alone.
Source: Steph_iscrypto
There were no significant headlines that fuelled the purchasing spurt. The period saw XRP fluctuate between 2.03 and 2.28. The absence of news contributes even more to the whale activity.
The token currently sits at $2.06. According to CoinGecko, daily volume was up to $3 billion. XRP fell 13% during the last week.
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The chart patterns are also compared with the past bull cycle of XRP. Analyst ChartNerdTA pointed out big parallels to the 2016 and 2017 price structure. It seems that the token is developing a reaccumulation range.
Source: ChartNerdTA
In 2017, XRP traded laterally. It dropped a little just under support and burst out. The present formation is a reflection of that sequence.
The Stochastic RSI just erased to pre-last-great breakout levels. According to ChartNerdTA, XRP has its 13-month support base. In this case, the analyst wrote, the invalidation is the 13-month support base that is lost.
The token is close to its 21-month EMA. This tier was very helpful in the 2018 rally. The current resistance has been pegged at 2.10, with support pegged above 2.04. The ETF inflows still cater to institutional demand even when there is light liquidity.
The post XRP Whales Scoop 720M Tokens: Major Pump Ahead? appeared first on Live Bitcoin News.


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