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% beneath its all-time excessive, exhibiting how a lot disconnect there’s between price and holder activity. It additionally raises a significant query: are bigger holders positioning early earlier than the worth catches up?
XRP Ledger Hits Document 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 worth 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 file 332,230. Santiment famous that this continues a gentle development pattern that has been constructing since June 2024, regardless of the worth volatility that has adopted XRP throughout a number of phases of the crypto trade.
The chart shared by Santiment exhibits the 10,000+ XRP pockets cohort rising virtually persistently from late 2025 into Might 2026. Nonetheless, probably the most extreme check 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 stage 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 Worth Comply with The Holder Development?
The query now could be whether or not this pockets development can translate into worth momentum. Based on Santiment, the rising numbers of mid-to-large wallets counsel rising conviction from traders who’re much less centered on short-term worth swings and extra fascinated about long-term positioning. Which means that many XRP merchants imagine in ultra-bullish worth targets for the long run.
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Curiously, there are additionally different items of market knowledge that help the concept XRP is attracting capital. The 5 US-listed spot XRP exchange-traded funds reported a mixed $25.eight million in internet inflows on Might 11, the most important single-day haul since January 5, after they drew $46 million of their first week of buying and selling, in accordance to SoSoValue data.
On-chain accumulation doesn’t mechanically result in an instantaneous rally, and XRP’s worth 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 necessary breakout zones are round $1.52 and $1.54. A profitable day by day shut above $1.54 might 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
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