The XRP Ledger has hit a new all-time high in the number of wallets holding at least 10,000 XRP, according to on-chain analytics firm Santiment. This continues a growth trend that started in mid-2024. Santiment described this increase as a sign of long-term accumulation among larger holders, even though XRP has spent most of 2026 trading below its previous highs.
Santiment reported that 332,230 XRP Ledger wallets now hold at least 10,000 XRP, setting a new record for this group. The metric, shown in a chart shared by Santiment Intelligence, tracks wallets with XRP balances ranging from 10,000 to infinity, alongside the XRP price. “According to our on-chain data, XRP Ledger now has reached an all-time high of 332,230 wallets holding at least 10K XRP,” Santiment wrote. “This extends a consistent growth trend that has been building since June, 2024. The continued rise in XRP Ledger wallets holding at least 10,000 XRP is an important long-term signal because it shows that larger holders have kept accumulating even during periods of volatility and uncertainty.”
What This Means For XRP Price
The chart shows a steady increase in the number of wallets with 10,000 or more XRP over the past year, with the wallet count rising even as the price experienced several drops and recoveries. The latest figure puts this group at nearly 332,000 wallets, above previous levels seen before a sharp decline in early February.
Santiment described these as “mid-to-large wallets,” a distinction that matters for interpretation. A 10,000 XRP threshold doesn’t necessarily identify institutional whales or exchange-scale holders, but it does filter out smaller retail balances and captures addresses with a more meaningful stake in the asset. For market analysts, growth in this group can point to broader accumulation, distribution patterns, or changes in holder confidence.
The firm argued that this latest move is notable because it happened while XRP remained below earlier highs. In this context, Santiment said the increase may suggest that larger XRP holders have been adding to their positions during weakness rather than waiting for momentum to return. “Historically, rising numbers of mid-to-large wallets suggest increasing conviction from investors who are less focused on short-term price swings and more interested in long-term positioning,” Santiment wrote. “This is especially notable because XRP has spent much of 2026 trading below previous highs, meaning many holders appear willing to accumulate during fear rather than chase momentum.”
The chart also shows a brief but sharp break in the trend in early February. Santiment noted a drop of more than 4,500 wallets in the 10K-plus category between February 6 and February 8, but said there was no confirmed XRP-specific reason for the move. “As for the sharp drop of more than 4,500 of these 10K+ wallets between February 6th and 8th that you see, there does not appear to be one confirmed XRP-specific event directly tied to it,” Santiment wrote. “However, the timing strongly suggests it was connected to the crypto-wide crash and liquidations on February 5th, which the growth in wallets since then have now exceeded.”
That recovery is the more important part of the data. According to Santiment’s chart, the number of wallets in the 10K-plus XRP group has not only bounced back from the February decline but reached a new record. This suggests the early-year disruption didn’t derail the broader accumulation trend that has been tracked since June 2024.
Still, wallet-count data needs careful interpretation. A rising number of addresses above a balance threshold can reflect genuine accumulation by new or existing holders, but it can also be influenced by wallet fragmentation, custody practices, exchange activity, and operational address management. Santiment’s analysis focuses on the signal this trend provides.The growth comes from the cohort’s steady expansion, not from treating the metric as a direct count of unique investors. As of press time, XRP was trading at $1.4554. Featured image created with DALL.E, chart from TradingView.com.
Frequently Asked Questions
Here is a list of FAQs about the recent news regarding The XRP Ledger and the increase in wallets holding over 10000 XRP
BeginnerLevel Questions
Q What does it mean that the number of wallets holding over 10000 XRP has hit a new alltime high
A It means that more people now own a significant chunk of XRPat least 10000 tokensthan ever before This signals that larger investors are buying and holding XRP
Q Why is this news important
A It shows that big money investors are confident in XRPs future When large holders increase it often suggests they expect the price to go up and are not planning to sell soon
Q Is 10000 XRP a lot of money
A It depends on the current price At 050 per XRP 10000 XRP is worth 5000 At 100 its 10000 So its a meaningful investment for most people but not an enormous fortune
Q Does this mean the price of XRP will go up immediately
A Not necessarily Its a positive sign but the price is affected by many things Accumulation by large holders is a bullish signal but not a guarantee
Intermediate Advanced Questions
Q What does accumulation mean in this context
A Accumulation refers to large investors buying XRP over time often in smaller chunks rather than selling The increase in wallets holding 10000 XRP is evidence of this buying behavior
Q How does this compare to previous alltime highs for XRP
A This metric is different from the price alltime high Even when the price was much higher fewer wallets held that amount This new high means more people are willing to hold a large amount now even at lower prices
Q Could this be caused by one or two big investors splitting their holdings into multiple wallets
A Yes thats possible A single whale might split 100000 X