TL;DR:
- Large-scale whale wallets accumulated approximately 1.54 billion XRP units within a 96-hour window.
- The estimated value of purchases by institutional and high-net-worth holders reached $2.2 billion during that timeframe.
- The asset’s price logged an 8.22% increase across three consecutive trading sessions.
XRP could be on the verge of kicking off a new rally, driven by massive accumulation from large wallets over the last four days. On-chain metrics reveal substantial shifts across top investor balances.
Technical analyst Ali Martinez posted on his X account that various whales acquired at least 1.54 billion XRP tokens over a 96-hour period.
XRP RALLIES AFTER WHALES BUY. WHERE NEXT?
Recently, whales accumulated more than $2 billion worth of $XRP.
Now that demand appears to be showing up in price, with XRP rallying 8.22% in just three days.
But on-chain data suggests there may still be room to run.
The URPD shows… https://t.co/yWD0rDhj2X pic.twitter.com/wjiQ9hLz8R
— Ali Charts (@alicharts) September 21, 2026
This accumulation translates to a capital injection close to $2.2 billion. According to Martinez’s analysis, this level of activity from major holders signals strategic positioning ahead of a larger-scale price breakout.
Price action has begun reflecting this recent buying pressure. In a follow-up post, the analyst noted that XRP’s market price advanced 8.22% across the last three trading sessions.
The UTXO Realized Price Distribution (URPD) metric points to minimal technical resistance in the short term. The reading indicates that the asset faces a relatively clear path until testing the $1.60-per-unit mark.
Around that $1.60 level, approximately 2.5 billion tokens traded hands during previous cycles. According to Martinez’s report, this technical threshold stands as the next key zone where profit-taking could emerge before establishing a renewed bullish market structure.
Technical Behavior and Long-Term Projections
Traditional technical analysis also provided long-term outlooks for the token. Veteran trader Peter Brandt shared a high-timeframe chart setup projecting an eventual push toward $5.40.
Brandt clarified in his public commentary that sharing a chart pattern does not equate to an execution order or direct financial advice. He emphasized that traders must support market assertions with verifiable execution track records rather than relying solely on social media commentary.
Order book dynamics coincide with technical repositioning across the asset’s primary trading pairs. Transaction flows show daily volume concentrating heavily within institutional custody platforms in recent sessions.
The Ripple protocol continues to focus on expanding its cross-border payments infrastructure and issuing regulated products across key global markets. Network liquidity remains anchored to institutional settlement corridors maintained by partner banking entities.
For market participants, technical validation hinges on the asset’s ability to sustain trading volume above its immediate moving averages. Derivatives liquidation metrics reveal that short positions have steadily declined as the spot price approaches intermediate resistance levels.
The next critical test for XRP will be how the price reacts to the overhead supply zone at $1.60, where the strength of short-term profit-taking will be pitted against sustained buying flows from whale wallets.
