XRP Million-Token Wallets Hit a 2026 High
XRP wallets holding at least 1 million tokens reached 2,147, their highest count in 2026, according to Santiment. The number rose by 28 in 10 days, including 18 in the final three days. The earlier report said XRP traded in a narrow $1.20–$1.25 range during the increase; the later summary provided no updated price data. Santiment also recorded 7,934 new XRP Ledger wallets on 1 November, the sixth-highest daily total of the year. The rising XRP whale-wallet count may signal accumulation, but wallet numbers do not confirm net buying or show whether separate investors control the addresses. Santiment described a more constructive setup if the count stays above 2,140 and XRP reclaims $1.30, followed by $1.40. The signal is not a guarantee: in a similar episode, large-holder wallets increased while XRP’s market capitalisation fell 29%.
Neutral
The increase in XRP wallets holding at least 1 million tokens is a potentially supportive on-chain signal: traders may interpret it as accumulation by large holders, while the rise in new XRP Ledger wallets suggests greater network activity. However, wallet counts do not establish that tokens were newly purchased, identify distinct owners, or indicate that holders will keep their positions. The earlier price snapshot showed XRP still range-bound at $1.20–$1.25, and the later summary offered no updated price confirmation. Santiment’s stated levels—holding above 2,140 large wallets and reclaiming $1.30, then $1.40—are conditions to watch, not confirmed breakouts. The historical example of a 29% market-cap decline despite rising large-holder counts also cautions against treating the metric as a reliable price predictor. As a result, the news may influence sentiment but does not by itself establish a directional price catalyst; the expected impact on XRP is neutral unless supported by price action and follow-through.