The number of XRP Ledger wallets holding at least 10,000 XRP has climbed to an all-time high of 332,230, according to data from Santiment. The milestone caps a nearly two-year accumulation trend that has persisted through major cryptocurrency volatility, including deep price drawdowns and market-wide liquidations.
The growth trend, building since June 2024, briefly stalled in early February when the number of large wallets dipped by more than 4,500. Analysts attribute that drop to a broader crypto market liquidation event rather than any XRP-specific trigger. Wallet numbers have since rebounded and surpassed previous levels.
XRP currently trades at $1.45, roughly 60% below its all-time high of $3.60 set in July. It ranks as the fourth-largest cryptocurrency by market value, recently overtaken by BNB. The steady accumulation by mid-to-large wallet holders is considered a bullish long-term signal, suggesting conviction and strategic buying during market weakness.