XRP Whale Wallets Reach Largest Supply Share Since 2022
Wallets holding at least 10 million XRP now control about 68.5% of the token supply, the largest share since November 2022, according to Santiment. The concentration has climbed as XRP trades near $1.29, putting fresh focus on how large holders could shape the next price move.
Whale balances are closely watched because they can affect liquidity and investor sentiment. A rising collective stake is often read as a sign of confidence among major market participants. Wallet data alone does not show whether those holders are buying for long-term investment or holding for other reasons.
The 68.5% share marks a near four-year high for this wallet category. It means a substantial portion of XRP supply sits in addresses with at least 10 million tokens. Large transfers or sales from these wallets could influence market conditions. If the tokens stay off exchanges, accumulation may also reduce the supply readily available for trading.
The figures describe wallet addresses, not individual investors. One organization may run multiple wallets, and some large addresses may belong to exchanges or custodians holding assets for customers. The data does not prove that a small group of individual investors owns 68.5% of XRP.
Santiment data shared by Cointelegraph on Oct. 27, 2026, showed the 10 million-plus wallet group continuing to accumulate with XRP near $1.29. Continued accumulation could be viewed positively by investors betting that large holders are positioning for future gains. Reduced selling could support market stability if the tokens remain in wallets. Santiment figures do not specify how many additional XRP tokens these wallets acquired in the latest period.
Whale accumulation alone does not guarantee a price recovery. XRP price moves will also depend on spot demand, broader crypto sentiment, market liquidity and developments across the XRP ecosystem. Large wallets can shift positions quickly, and heavy transfers to exchanges could create selling pressure. Traders are likely to track whale balances alongside exchange inflows and trading volume for signs of whether the accumulation trend persists.
