XRP Millionaire Wallets Rise by 42 Amid Early‑2026 Price Dip
On-chain analytics provider Santiment reports a renewed increase in high-balance XRP holders: 42 additional wallets holding at least 1 million XRP returned since January 1, the first sustained rise in "millionaire" addresses since September. The increase comes despite a modest year-to-date price decline for XRP (around -4% in early 2026) and is interpreted as renewed whale accumulation — a behaviour often labelled as “smart money” positioning. Nansen data also shows a rise in accumulation by smart-money wallets over the past 30 days. Analysts say rising millionaire addresses can tighten supply on exchanges and signal long-term conviction, potentially setting the stage for amplified gains when demand returns; others caution that regulatory risks and weak altcoin sentiment could limit near-term upside. The latest coverage also notes Ripple Treasury launched a unified dashboard for cash, crypto and liquidity management, a development that may improve Treasury transparency and operations. Key SEO keywords: XRP, XRP millionaire wallets, whale accumulation, on-chain data, Ripple Treasury.
Bullish
The net effect of the reported developments is mildly bullish for XRP. An increase of 42 wallets holding 1 million+ XRP signals renewed accumulation by large holders — historically a precursor to reduced circulating supply on exchanges and potential price upside when demand returns. Supporting data from Nansen that smart-money wallets have raised holdings in the past 30 days strengthens the accumulation narrative. The Ripple Treasury dashboard is a neutral-to-positive operational development: improved Treasury management can reduce ad-hoc sell pressure and increase market confidence. Offsetting factors that temper the bullish view include a modest YTD price dip, weak altcoin market sentiment, and ongoing regulatory uncertainty (particularly in the US), which could cap near-term gains or prolong consolidation. Short-term impact: limited but positive — accumulation may tighten supply and create squeeze potential if buying resumes. Long-term impact: more constructive — sustained whale conviction combined with operational improvements at Ripple could underpin higher prices over time if regulatory risks do not escalate.