XRP Whale Accumulation Accelerates: Large Holders Add 2.8% to Positions Over Five Weeks
On-chain data from Santiment shows wallets holding between 100,000 and 100 million XRP have increased their holdings by 2.8% over the past five weeks. At the same time, the smallest wallet tier, those holding under 0.01 XRP, reduced their positions by 5.2%. The divergence points to a notable redistribution of XRP supply toward larger holders.
Blockchain analytics platform Santiment has recorded a measurable shift in XRP wallet behavior over a five-week window. Wallets classified as whales and sharks, defined as those holding between 100,000 and 100 million XRP, collectively added approximately 2.8% more coins to their positions during this period.
Concurrently, the smallest wallet cohort, those with balances under 0.01 XRP, reduced their holdings by 5.2% over the same timeframe. This pattern suggests supply is moving from the smallest retail participants toward significantly larger holders.
Such accumulation signals from large-wallet cohorts are frequently monitored by market participants as a proxy for institutional or high-net-worth sentiment. The data does not indicate the source of funds or the motivation behind the moves, but the scale and consistency over five weeks makes it a notable on-chain observation.
Santiment wallet-behavior data is one of several on-chain metrics used to track supply distribution across the XRP network. This particular divergence between large and small wallets stands out for its magnitude within a compressed timeframe.
Key facts
- •Wallets holding 100,000 to 100 million XRP added 2.8% more coins over five weeks
- •Wallets with under 0.01 XRP reduced holdings by 5.2% in the same period
- •Data sourced from on-chain analytics platform Santiment
- •The divergence indicates supply redistribution from smallest to largest holders