XRP just logged a notable on-chain milestone. Santiment data shows 2,145 wallets now hold at least 1 million Ripple tokens—the highest count recorded in 2026.
That club expanded by 28 wallets across the last 10 days, with 18 of those additions arriving in only the past three days.
Price action has stayed soft in the $1.20–$1.28 zone while this growth unfolded. Yet, the increase in large balances points to accumulation rather than distribution.
Large holders generally operate with longer time horizons than short-term traders, so fresh million-plus wallets appearing during quiet trading often signal quiet positioning for later moves.
What Does the Rise in XRP Millionaire Wallets Mean?
The jump to 2,145 wallets marks the strongest concentration of big XRP holders seen this year.
In practical terms, each of these addresses controls a sizeable stake. When their numbers climb while the token trades sideways or dips modestly, the pattern frequently reflects conviction rather than forced selling.
Santiment’s chart shows the point: the 1M+ wallet count has pushed higher even as price struggled to hold recent levels, reaching its best reading since late 2025.
Meanwhile, the broader XRP Ledger still hosts millions of funded accounts, so these large wallets remain a small but influential slice of the network. Their growth adds weight to the long-term supply picture.
Why Are Whales Accumulating XRP Now?
Whales appear to be building positions during a period of relative price weakness. In addition to the 28 new wallets over 10 days, the recent three-day burst of 18 addresses shows accelerating interest.
Beyond that, large holders tend to accumulate when retail sentiment cools and liquidity thins. The current setup fits that profile.
On top of the wallet growth, Santiment notes that such behaviour often precedes stronger confirmation once price begins reclaiming higher levels.
Still, accumulation alone does not guarantee immediate upside. It simply improves the structural backdrop for patient holders.
How Does This Impact XRP Price Outlook?
Holding the $1.20–$1.25 range while the 1M+ wallet count stays above 2,140 would keep the longer-term setup constructive.
A decisive reclaim of $1.30 followed by $1.40, paired with continued growth in large wallets, would offer clearer confirmation that accumulation is supporting every advance.
In the near term, XRP has traded around $1.25–$1.28, so the next few sessions will test whether the whale expansion can survive any renewed selling pressure.
At the same time, similar divergences have appeared before—wallet counts rising while market value dipped—suggesting that big holders sometimes position ahead of later recoveries.
What Should Investors Watch Next for Ripple’s Token?
Monitor the live 1M+ holder count for any sustained climb past 2,147. Track whether price can stabilise above $1.25 and later clear the psychological $1.30 and $1.40 marks.
Also watch overall network activity; recent days have already shown elevated new wallet creation.
In short, the combination of rising large-holder numbers and successful defence of current support levels would strengthen the case for continued accumulation.
The data remains one input among many. Market conditions, regulatory developments, and broader crypto sentiment will still shape outcomes.
Yet, the fresh high in XRP millionaire wallets offers a clear on-chain signal worth tracking closely.
