XRP Ledger Whale Activity Jumps: 32,054 Wallets Hold 100,000+ XRP

Santiment data shows XRP Ledger (XRPL) whale concentration is rising. The number of wallets holding 100,000 XRP and above has reached 32,054, the highest level cited by the report. In total, the 100,000+ XRP cohort signals ongoing utility by larger/institutional holders, even as the count itself remains relatively small versus the retail base. Wallet distribution across XRPL by size: 5.66M wallets hold under 100 XRP; 2.01M wallets hold 100 to 100K XRP; and 32,054 wallets hold more than 100K XRP. The wider XRPL adoption trend also continues: retail wallets (under 100 XRP) expanded to 5.66M, adding nearly 1M addresses compared with early 2025. The article links this growth to post-2025 regulatory clarity for XRP. After the SEC recognized XRP as a non-security and categorized it as a commodity, Ripple’s ongoing ecosystem developments reportedly improved confidence among both institutional and retail participants. For traders, the key takeaway is that XRPL activity metrics (wallet growth plus concentrated whale holdings) may support bid sentiment, particularly if capital remains “active” rather than idle. While whale concentration can increase volatility risk, the broader retail expansion suggests participation is widening alongside large-holder demand—an overall supportive setup for the market.