The variety of 100M+ XRP wallets dropped 20.6% over eight weeks, with 569 wallets exiting this class.
XRP’s largest on-chain wallets present a combined shift in current weeks. New knowledge from analytics agency Santiment reveals contrasting actions in pockets numbers and balances.
The platform reports that the group of wallets holding at the least 100M XRP has shrunk. It additionally notes that the whole cash held by the remaining wallets have reached a multi-year peak.
Massive XRP Wallets Shrink Over 20%
In accordance with Santiment, the variety of 100M+ XRP wallets fell by 20.6% over the previous eight weeks, reinforcing the decline famous earlier. The drop equals 569 massive wallets transferring out of this class through the interval.
The accompanying chart exhibits a gentle rise in massive pockets counts by most of 2024 and early 2025. That upward pattern then reverses sharply from early October 2025 to the current, highlighting a notable shift in on-chain dynamics.
Value strikes over the identical interval point out a weaker part for XRP, with candles displaying constant strain throughout current periods. The drop in massive wallets seems to trace this softer backdrop, suggesting a doable correlation between pockets exercise and market situations.
On-chain flows trace at consolidation amongst main addresses, with some balances possible merged into fewer wallets. This may scale back the seen pockets rely even when general holdings stay largely unchanged.
The decline in pockets numbers might also replicate exits by some massive holders who moved funds elsewhere. In the meantime, the remaining wallets seem to have absorbed the liquidity left behind, preserving whole holdings comparatively steady.
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Whale Holdings Climb to Seven-12 months Excessive
Santiment highlights a contrasting sign in its dataset, because the remaining 100M+ wallets now maintain 48B XRP. This degree displays a seven-year excessive and marks a transparent leap in provide focus.
The rise in whole holdings means that main holders who stayed within the group accumulated extra XRP. It additionally signifies that fewer wallets now management a bigger share of the circulating provide, emphasizing elevated focus amongst high addresses.
Santiment’s knowledge exhibits that the availability held by these main wallets has risen steadily since late 2023. This development continued all through 2024 and held agency into 2025, regardless of altering market situations.
The platform doesn’t supply any value expectation tied to those actions. XRP briefly slipped underneath $2.00 on Monday as broader markets turned risk-off. The token has since regained some floor and trades above $2.05 on the time of writing.
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