The Number of Large XRP Wallets Has Reached an All-Time High

According to Santiment, the number of wallets on the $XRP Ledger holding at least 10,000 $XRP has reached a record high of 332,230.

This milestone marks the continuation of a steady accumulation trend that began in June 2024, despite the fact that $XRP is still trading roughly 60% below its all-time high.

The growth in the number of large-balance wallets suggests that major holders continue accumulating $XRP at current price levels.

Investors continue to accumulate $XRP, pushing the number of XRP Ledger wallets holding at least 10,000 tokens to a record 332,230. According to Santiment, the accumulation trend first emerged in mid-2024 and has continued ever since.

XRP accumulation trend in XRP Ledger wallets. Source: Santiment

The accumulation trend remains strong even though the asset’s price is significantly below its mid-2025 peak of $3.65, which is approximately 60% beneath its historical high.

In April, fewer than half of all $XRP holders (43.4% of the total) were in profit, while daily realized losses since late 2025 ranged between $20 million and $110 million.

This type of price action often leads to a redistribution among holders. Participants with weaker conviction tend to sell at a loss, while more patient investors absorb supply at lower prices and continue accumulating.

The increase in large-balance wallets aligns closely with this pattern. The pace of this growth is considered an important indicator that analysts use to assess long-term conviction among major holders.

Happy Coin News previously reported that some analysts believe $XRP is showing signs of a potentially large-scale rally.

However, looking at the token’s price performance since the beginning of 2026, the trend remains predominantly bearish and largely reflects the broader cryptocurrency market movement.

CoinGecko data

See also: "Bitcoin Holds Near $81K Ahead of U.S.-China Summit"

#XRP (XRP) #Cryptowallet #record

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