XRP Ledger Hits Record High In 10K+ Wallets As Larger Holders Accumulate
The XRP Ledger has reached a brand new high within the variety of wallets holding not less than 10,000 XRP, in keeping with on-chain analytics agency Santiment, extending a progress development that has been in place since mid-2024. The agency framed the rise as a long-term accumulation sign amongst bigger holders, whilst XRP has spent a lot of 2026 buying and selling under prior highs.
Santiment stated its knowledge reveals 332,230 XRP Ledger wallets now maintain not less than 10,000 XRP, marking an all-time high for that cohort. The metric, proven in a chart shared by Santiment Intelligence, tracks wallets within the “10,000 to infinity” XRP steadiness vary alongside the XRP value.
“According to our on-chain knowledge, XRP Ledger now has reached an all-time high of 332,230 wallets holding not less than 10K XRP,” Santiment wrote. “This extends a constant progress development that has been constructing since June, 2024. The continued rise in XRP Ledger wallets holding not less than 10,000 XRP is a vital long-term sign as a result of it reveals that bigger holders have saved accumulating even in periods of volatility and uncertainty.”
What This Means For XRP Price
The chart reveals a gradual enlargement within the variety of 10K-plus XRP wallets over the previous yr, with the pockets depend rising whilst the value line has moved via a number of drawdowns and rebounds. The newest studying locations the cohort close to 332,000 wallets, above earlier ranges seen earlier than a pointy early-February decline.
Santiment described the group as “mid-to-large wallets,” a distinction that issues for interpretation. A ten,000 XRP threshold doesn’t essentially establish institutional whales or exchange-scale holders, but it surely does filter out smaller retail balances and captures addresses with a extra significant publicity to the asset. For market analysts, progress in that cohort can level to broader accumulation, distribution patterns, or modifications in holder conviction.
The agency argued that the newest transfer is notable as a result of it has occurred throughout a interval when XRP has remained under earlier highs. In that context, Santiment stated the rise might recommend that bigger XRP holders have been including publicity into weak spot moderately than waiting for momentum to return.
“Historically, rising numbers of mid-to-large wallets recommend rising conviction from buyers who’re much less targeted on short-term value swings and extra thinking about long-term positioning,” Santiment wrote. “This is very notable as a result of XRP has spent a lot of 2026 buying and selling under earlier highs, that means many holders seem keen to build up throughout worry moderately than chase momentum.”
The chart additionally reveals a short however sharp break within the development in early February. Santiment pointed to a drop of greater than 4,500 wallets within the 10K-plus class between February 6 and February 8, however stated there was no confirmed XRP-specific catalyst behind the transfer.
“As for the sharp drop of greater than 4,500 of those 10K+ wallets between February sixth and eighth that you simply see, there doesn’t seem like one confirmed XRP-specific occasion instantly tied to it,” Santiment wrote. “However, the timing strongly suggests it was linked to the crypto-wide crash and liquidations on February fifth, which the expansion in wallets since then have now exceeded.”
That restoration is the extra necessary factor within the knowledge. The variety of wallets within the 10K-plus XRP cohort has not solely rebounded from the February decline, in keeping with Santiment’s chart, however pushed to a recent document. That suggests the early-year disruption didn’t derail the broader accumulation development tracked since June 2024.
Still, wallet-count knowledge requires cautious studying. A rising variety of addresses above a steadiness threshold can mirror real accumulation by new or present holders, but it surely may also be influenced by pockets fragmentation, custody practices, trade exercise, and operational deal with administration. Santiment’s framing focuses on the sign from the cohort’s persistent enlargement moderately than treating the metric as a direct depend of distinctive buyers.
At press time, XRP traded at $1.4554.