XRP Ledger Whale Accumulation Hits Record 10K+ Wallet High

Santiment says XRP Ledger whale accumulation is at a record pace. Wallets holding 10,000+ XRP hit an all-time high of 332,230, rising steadily since June 2024—an on-chain signal of long-term conviction rather than short-term speculation. The cohort briefly dipped by more than 4,500 wallets between Feb 6–8, but the article ties it to broader market liquidation and selloff around Feb 5, not an XRP Ledger network issue. After that shakeout, wallet counts rebounded and pushed to new highs. Beyond whales, XRP Ledger also logged an all-time high in total addresses, indicating continued organic growth. On the institutional side, Ripple and partners (JPMorgan Chase, Ondo Finance, Mastercard) enabled cross-border, cross-bank redemption of tokenized U.S. Treasuries using XRP Ledger infrastructure. For traders, persistent XRP Ledger whale demand alongside address growth and early institutional pilots is generally supportive, even while price consolidates amid macro volatility. Keep an eye on liquidation-driven dips, since they can temporarily disrupt whale counts before trend resumption.
Bullish
This news looks bullish for XRP because the XRP Ledger whale accumulation trend remains strong despite consolidation in price. Record 10,000+ XRP wallets suggest ongoing demand from larger holders, typically a supportive backdrop for sentiment and dips. The Feb 6–8 wallet drop appears liquidation-driven (around Feb 5) rather than an XRP-specific loss of interest, and the subsequent rebound to new highs reinforces that the pullback may be temporary. Additional address growth on the XRP Ledger supports broader network participation, while early institutional pilots around tokenized U.S. Treasuries add longer-term credibility. In the short term, traders should still expect volatility from macro/liquidation events that can temporarily distort whale counts. But the overall direction—rising whale wallets plus network growth—leans toward continued accumulation and improved downside resilience for XRP.