XRP Millionaire Wallets Hit a Yearly High: Is a Breakout Next?

XRP has reclaimed the $1.30 stage on November 4 as wallets holding a minimum of 1 million tokens reached a yearly high. Does this sign a main breakout for the altcoin?

While XRP charts look resilient, softer US demand and slowing ETF flows may form the token’s subsequent main transfer.

XRP Millionaire Wallets Keep Growing

A millionaire pockets is an tackle that holds a minimum of 1 million XRP. Analysts observe these wallets as a result of massive holders often make investments with longer time horizons.

According to Santiment, these wallets climbed to 2,147, the best depend of 2026. The determine rose by 28 addresses over 10 days, together with 18 previously three days.

Notably, this development got here throughout a interval of relative value weak point. That sample suggests traders are accumulating balances moderately than distributing them:

• Holding the $1.20 to $1.25 vary would maintain the longer-term setup constructive.
• Moreover, a sustained reclaim of $1.30, adopted by $1.40, would strengthen the bullish case.
• In distinction, a decisive drop under the $1.20 help may sign fading demand and open the door to deeper losses.

Network activity also looks resilient. The XRP Ledger added 7,934 new wallets on November 1, its sixth-highest each day complete of 2026.

That soar got here on a Sunday, regardless of the recent Binance security incident.

Can XRP Keep Rising as US Demand Cools?

That stays unclear, since US demand indicators have cooled noticeably. XRP’s Coinbase Premium Index fell to roughly -0.16%, an eight-month low.

That studying means XRP trades at a low cost on Coinbase in contrast with Binance. In different phrases, US traders are exhibiting much less urge for food than offshore merchants.

Similarly, spot XRP ETFs recorded solely $18.83 million in internet inflows in October, based on SoSoValue information.

That marks the smallest month-to-month complete since January and trails September’s $121.40 million.

November has began quietly as effectively. The funds posted a small $529,510 outflow on November 2, adopted by zero internet flows on November 3.

Still, complete internet property rose to $1.46 billion, whereas cumulative inflows held at $1.81 billion.

Meanwhile, XRP’s market cap stands close to $83 billion, with about 63.35 billion tokens circulating.

For now, the following transfer is determined by whether or not accumulation continues. Rising whale balances look constructive, however weaker US flows may cap beneficial properties close to resistance.

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