XRP Rally Fueled By Historic Whale Accumulation

XRP records a 26 % increase over the week amid a crypto market rebound.

XRP whales reach a historic record: 2,743 wallets each hold more than 1 million tokens.

Overall, these wallets hold 47.32 billion XRP, indicating strengthened confidence from large investors.

This accumulation could reduce available liquidity, increase volatility, and reflect anticipation of a bullish cycle.

Whales go on the offensive : a new historic high

XRP is currently showing strong technical signs compared to bitcoin . According to data published by the on-chain analytics platform Santiment, the number of wallets holding at least 1 million XRP has reached an all-time high of 2,743 units. A significant development, unprecedented in crypto’s history, accompanied by a parallel increase in token concentration in these players’ hands.

XRPUSDT chart by TradingView

“Not only has the number of whales holding XRP never been this high, but the total share of supply they hold continues to grow as well”, says Santiment.

By itself, this category of investors now holds 47.32 billion XRP, a volume that reflects both a strategic rise in power and a clear confidence in the asset’s future trajectory. “This dual dynamic is a very positive signal for the fourth largest crypto by market capitalization,” the analysis adds.