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29/01/26 05:44 UTC-04

Growth in the number of XRP millionaires encouraged analysts

The growth in the number of millionaires who invested in XRP (XRP) encouraged analysts at the research company Santiment.

The price of XRP has fallen by 4% since the beginning of 2026, but the number of millionaires has increased for the first time since September. The number of wallets holding at least 1 million XRP increased by 42, Santiment staff reported.

Change in the number of crypto wallets holding at least 1 million XRP worth $1.88 million at the current exchange rate.

According to the chart, from October 5 to December 31, 2025, the number of millionaires decreased by 784 to 1,974. Considering the price dynamics of XRP during this period, Happy Coin News analyst Yuriy Savelyev believes that the number of crypto wallets with 1 million or more coins declined due to wealthy investors selling the cryptocurrency. Accordingly, the positive trend emerged due to the beginning of an accumulation period of digital assets.

Experts’ opinions regarding the future direction of XRP’s price movement are divided. Nevertheless, Savelyev believes that the bearish trend will continue in the market, as the ascending trendline formed in December was broken on January 26. In addition, the coin’s price is still fluctuating below the 800-hour exponential moving average line. Therefore, it is currently worth holding off on purchasing XRP in order to wait for a better entry point.

See also: "Tether Has Assembled the Largest Private Gold Reserve in a Nuclear Bunker"

#XRP (XRP)

Editor: Pereyidenko Ihor
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