On-chain knowledge from Santiment reveals the variety of XRP Ledger wallets holding at the least 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 worth and holder exercise. It additionally raises a significant query: are bigger holders positioning early earlier than the worth catches up?
XRP Ledger Hits File Excessive In 10,000+ XRP Wallets
XRP has spent a lot of 2026 combating to regain stronger bullish momentum, however its on-chain image is telling a distinct story from the worth chart. Many massive wallets are usually not leaving the community. They’re including to it.
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Notably, knowledge from the on-chain analytics platform Santiment reveals that the variety of XRP Ledger wallets holding at the least 10,000 XRP has climbed to a document 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 business.
The chart shared by Santiment reveals the ten,000+ XRP pockets cohort rising nearly persistently from late 2025 into Might 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 worth 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 depend subsequently recovered within the second half of February and has been on an uptrend since then. Now, the variety of massive 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’s whether or not this pockets development can translate into worth momentum. In keeping with Santiment, the rising numbers of mid-to-large wallets recommend rising conviction from traders who’re much less centered on short-term worth swings and extra enthusiastic about long-term positioning. Because of this many XRP merchants imagine in ultra-bullish worth targets for the long run.
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Apparently, 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 $25.8 million in web 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 knowledge.
On-chain accumulation doesn’t routinely result in an instantaneous rally, and XRP’s worth chart nonetheless has work to do. Consumers want to show accumulation into seen bullish strain. The primary signal could be a stronger transfer away from the present $1.40 to $1.50 vary.
The present most essential 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 an in depth above $1.60 will validate a bullish breakout on bigger timeframes.
Featured picture from Adobe Inventory, chart from Tradingview.com
