On-chain knowledge from Santiment exhibits the variety of XRP Ledger wallets holding a minimum of 10,000 XRP tokens has reached a brand new all-time excessive. The milestone comes at a time when XRP remains to be buying and selling 60% under its all-time excessive, exhibiting how a lot disconnect there may be between price and holder activity. It additionally raises a significant query: are bigger holders positioning early earlier than the value catches up?
XRP Ledger Hits File Excessive In 10,000+ XRP Wallets
XRP has spent a lot of 2026 preventing to regain stronger bullish momentum, however its on-chain image is telling a special story from the value chart. Many giant wallets usually are not leaving the community. They’re including to it.
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Significantly, data from the on-chain analytics platform Santiment exhibits that the variety of XRP Ledger wallets holding a minimum of 10,000 XRP has climbed to a report 332,230. Santiment famous that this continues a gentle progress pattern that has been constructing since June 2024, regardless of the value volatility that has adopted XRP throughout a number of phases of the crypto business.
The chart shared by Santiment exhibits the ten,000+ XRP pockets cohort rising nearly persistently from late 2025 into Could 2026. Nonetheless, probably the most extreme take a look at of that pattern got here in early February.
Between February 6 and eight, 2026, over 4,500 wallets within the 10,000+ XRP bracket disappeared throughout a broader crypto market selloff. Throughout that point, the Bitcoin price fell 12.6% on February 5 to $63,500, its lowest degree since October 2024, as the broader crypto market suffered heavy losses and over $1 billion in liquidations.
Nonetheless, the pockets rely subsequently recovered within the second half of February and has been on an uptrend since then. Now, the variety of giant XRP holders has damaged previous its January peak and is at a brand new excessive of 332,230 addresses.
Will The XRP Value Comply with The Holder Progress?
The query now could be whether or not this pockets progress can translate into value momentum. In keeping with Santiment, the rising numbers of mid-to-large wallets recommend growing conviction from traders who’re much less targeted on short-term value swings and extra curious about long-term positioning. Which means many XRP merchants consider in ultra-bullish value targets for the long run.
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Apparently, there are additionally different items of market knowledge that assist the concept that XRP is attracting capital. The 5 US-listed spot XRP exchange-traded funds reported a mixed $25.8 million in web inflows on Could 11, the biggest single-day haul since January 5, once they drew $46 million of their first week of buying and selling, in accordance to SoSoValue data.
On-chain accumulation doesn’t robotically result in a right away rally, and XRP’s value chart nonetheless has work to do. Patrons want to show accumulation into visible bullish pressure. The primary signal can be a stronger move away from the present $1.40 to $1.50 vary.
The present most vital breakout zones are round $1.52 and $1.54. A profitable each day shut above $1.54 may validate a bullish breakout on the shorter timeframes, whereas a detailed above $1.60 will validate a bullish breakout on bigger timeframes.
Featured picture from Adobe Inventory, chart from Tradingview.com
