An interesting phenomenon is occurring in the XRP market: the price has dropped approximately 4% since the beginning of 2026, but the number of wallets holding large amounts of XRP is reaching new highs. According to data from Santiment – a leading blockchain analytics platform – there are currently 7,621,164 addresses holding XRP. With the current price at $1.37 and a 0.65% decrease over the past 24 hours, the expansion of these large wallets signals a strong indication of accumulation activity from the investor community.
Large Wallet Data Reflecting Accumulation Trends
The increase in the number of millionaire wallets – wallets holding significant amounts of XRP – shows a clear trend: wealthy investors are not panicking over short-term price fluctuations. Instead, they continue to strategically buy and accumulate XRP. This phenomenon is not a sign of panic selling but a demonstration of confidence in the project’s long-term prospects.
Market Implications of This Contradiction
The contradiction between falling prices and increasing wallet numbers paints a different market picture. When prices decline but large wallets continue to accumulate, it indicates that experienced investors with substantial capital see this as a buying opportunity. This momentum could serve as a catalyst for future recovery, especially if the market shifts toward a more positive phase. Such wallet data is often a leading indicator of upcoming trend reversals in the next cycle.
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XRP Price Drops But Wallets Accumulation Surges, What's Happening?
An interesting phenomenon is occurring in the XRP market: the price has dropped approximately 4% since the beginning of 2026, but the number of wallets holding large amounts of XRP is reaching new highs. According to data from Santiment – a leading blockchain analytics platform – there are currently 7,621,164 addresses holding XRP. With the current price at $1.37 and a 0.65% decrease over the past 24 hours, the expansion of these large wallets signals a strong indication of accumulation activity from the investor community.
Large Wallet Data Reflecting Accumulation Trends
The increase in the number of millionaire wallets – wallets holding significant amounts of XRP – shows a clear trend: wealthy investors are not panicking over short-term price fluctuations. Instead, they continue to strategically buy and accumulate XRP. This phenomenon is not a sign of panic selling but a demonstration of confidence in the project’s long-term prospects.
Market Implications of This Contradiction
The contradiction between falling prices and increasing wallet numbers paints a different market picture. When prices decline but large wallets continue to accumulate, it indicates that experienced investors with substantial capital see this as a buying opportunity. This momentum could serve as a catalyst for future recovery, especially if the market shifts toward a more positive phase. Such wallet data is often a leading indicator of upcoming trend reversals in the next cycle.