Why Ripple (XRP) Accumulation Continued Despite Market Fear and Liquidations

The XRP Ledger (XRPL) has reached a brand new all-time high of 332,230 wallets holding at the least 10,000 XRP, in line with on-chain knowledge shared by crypto analytics platform Santiment.

Interestingly, the determine continues a gradual progress development that has been constructing since June 2024.

Confidence Behind the Scenes

Santiment said the rise in wallets holding giant quantities of XRP is seen as a major long-term indicator, because it suggests greater holders have continued accumulating the asset regardless of ongoing market volatility and uncertainty. Growth in mid-to-large XRP wallets has traditionally mirrored stronger conviction amongst buyers who’re much less influenced by short-term value actions and extra centered on long-term positioning, the analytics agency defined.

The development is notable as a result of XRP has spent a lot of 2026 buying and selling beneath its earlier highs, which signifies that many holders have been accumulating during times of market concern as a substitute of chasing upward momentum. The agency additionally pointed to a brief decline of greater than 4,500 XRP wallets holding over 10,000 XRP between February 6 and 8, although it mentioned there was no confirmed XRP-specific occasion behind the drop.

Santiment added that the decline probably coincided with the broader crypto market crash and liquidation occasion on February 5.

Institutional Interest

At the identical time, XRP’s institutional outlook has continued drawing consideration, particularly amid ongoing discussions round US crypto regulation and the CLARITY Act framework. Market members are intently watching the potential of XRP receiving a clearer commodity classification, which some analysts imagine might assist the launch and progress of XRP ETFs.

These funding automobiles have already raked in a cumulative whole web influx of roughly $1.36 billion since their launch. Standard Chartered just lately projected that XRP ETFs might entice between $4 billion and $8 billion in inflows by the tip of 2026 underneath such circumstances.

The rising deal with institutional XRP publicity has additionally elevated consideration on XRPFi exercise, the place XRP is being deployed into DeFi purposes for lending, staking, collateral, and yield era.

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