
Major XRP Breakout Brewing as Bollinger Bands Reach Extreme Compression
XRP may be on the verge of a breakout as Bollinger Bands show extreme compression.

A new address has acquired over three billion DOGE, possibly linked to X Money liquidity testing. XRP faces a $10.8 million liquidation risk if it hits $2.02, while Binance will delist DEGO, DENT, and TRU by April 28, 2026.
Mentioned in this story
TL;DR
The Dogecoin community is discussing the emergence of a new ultra-large player in the Dogecoin ecosystem. According to analytics platform Arkham, an unknown address accumulated over three billion DOGE in just one day, instantly taking seventh place among the richest wallets of the coin.
Transactions to the wallet "DCdax…" began amid the integration of the X Money payment service into social network X. While there is no official confirmation that the address belongs to Elon Musk’s company, several indirect indicators point in that direction.
The main volume of coins came from Robinhood’s cold storage, which has historically been used by Musk to provide liquidity for his initiatives since 2021.
Non-zero chance it’s me
— Sir Doge of the Coin ⚔️ (@dogeofficialceo) April 16, 2026
The accumulation of such reserves coincides with the start of crypto payment testing within X Money in several U.S. states and preparations for Doge Day. Traditionally, before April 20, large players redistribute assets, but the scale of this purchase, about $300 million, goes beyond typical speculation.
The acquisition positions the address among the top ten Dogecoin holders, potentially linked to X Money's liquidity testing.
If XRP reaches $2.02, a $10.8 million short position could be liquidated, leading to a significant short squeeze.
Binance will delist DEGO, DENT, and TRU on April 28, 2026, due to stricter standards for team responsiveness and transparency.
Despite the oil crisis, Bitcoin remains stable above $75,000, indicating resilience in the market.

XRP may be on the verge of a breakout as Bollinger Bands show extreme compression.

XRP price drops below $1.420, facing resistance at $1.40 and $1.4350.

Bitcoin's price has fallen $5,000 in days, with ETF outflows signaling more trouble ahead.

ECHO Token Crashes Double Digits Following Major Echo Protocol Hack

Bitcoin falls under $77,000, losing recovery above key cost basis level.

Ethereum price stabilizes above $2,050 after a selloff, but bears still hold advantage.
See every story in Crypto — including breaking news and analysis.
If the wallet is indeed linked to X Money, this is not about a price pump but about creating a liquidity reserve. For the functioning of microtransactions and tipping within the social network, the company needs its own pool of assets to process thousands of small payments off-chain, minimizing fees for users.
At the moment, the connection between the "DCdax.." wallet and X Money remains a highly probable hypothesis based on the timing of the payment system launch and confirmation of Dogecoin usage by the X platform for settlements. However, direct evidence (public wallet tags such as “X Payments”) is not yet present in blockchain explorers.
Amid XRP’s steady rise toward $1.45, attention is focused on a large short position on decentralized platform Hyperliquid. Wallet tracker by CoinGlass indicates the presence of a whale whose position exceeding $10.8 million will be forcibly closed if the price reaches $2.02. The current loss is estimated at -$888,000 (-164%).
The current market impulse, fueled by news of XRP's integration into the Solana ecosystem and progress on the CLARITY Act, puts sellers in a vulnerable position. The trader at address "0x469...85a5" holds a 20x leveraged position with a liquidation level of $2.02.

Hyperliquid Whale Tracker 0x469e..a5, Source: CoinGlass
This creates a classic short squeeze setup; if XRP breaks the psychological barrier at $1.50 and moves toward $2, the automatic closure of this position could trigger a sharp upward move due to forced market buying.
Unlike speculative hype, this case demonstrates a fundamental clash between institutional liquidity and technical resistance. For the XRP market, the $2 level becomes not just a price target but a point of no return for large capital that has bet against the asset. The funding rate remains positive, increasing the cost of maintaining short positions.
Binance has officially confirmed the delisting of several assets deeply tied to the Ethereum DeFi ecosystem. Starting April 28, 2026, the exchange will discontinue support for Dego Finance (DEGO), DENT and TrueFi (TRU).
A key feature of this delisting round is Binance’s refusal to participate in TrueFi’s rebranding. Despite the project’s plans to transition to a new token, Brila (BRLA), Binance will not conduct an automatic swap. Users have until May 10, 2026, to manually exchange via the project portal, highlighting a trend of shifting responsibility for technical migrations onto teams and communities.
Important dates for holders:
The decision is driven by an updated asset evaluation framework, where critical factors now include not only trading volume but also:
This move by Binance appears not as random removal but as a structured cleanup of the Ethereum segment. The exchange is removing projects that failed to maintain development pace or communication transparency, freeing liquidity for more modern and compliant solutions.
The crypto market in mid-April 2026 is characterized by cautious optimism amid de-escalation of geopolitical risks and a fundamental shift in U.S. regulation.