Whale Accumulation Amid Price Stagnation
Santiment data reveals that the number of XRP wallets holding at least one million tokens reached 2,147. This marks the highest count recorded in 2026. The milestone was flagged in a report dated November 3, 2026.
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Coinbase Adds CARDS to Listing Roadmap, Token Rises 4%Large holders are actively accumulating XRP while the token trades in a tight $1.20 to $1.25 range. This behavior signals growing long-term confidence among major investors. The data suggests that institutional and whale investors are positioning for future price appreciation.
What Does This Mean for XRP's Future?
The rise in million-holder wallets occurred while XRP remained range-bound. This divergence between on-chain activity and market price is a key signal. Analysts note that such accumulation often precedes upward price movements. The concentration of tokens in fewer, larger wallets indicates a shift in market structure.
The sustained increase in large-holder wallets points to a maturing market. As more tokens move into long-term custody, circulating supply tightens. This dynamic could support price strength once demand picks up. The record count of 2,147 wallets underscores a structural shift in how XRP is held.
How many XRP wallets hold at least 1 million tokens? As of November 3, 2026, 2,147 wallets hold at least one million XRP tokens. This is the highest count recorded in 2026.
Frequently Asked Questions
What price range is XRP trading in? XRP is trading between $1.20 and $1.25. This narrow range has persisted while large holders continue to accumulate.
Why is this accumulation significant? The increase in million-holder wallets signals long-term confidence. It suggests major investors are positioning for future gains, which could tighten supply and support price.
