Something is changing in the XRP Ledger. It is not showing up in the price yet. It is showing up in the wallets. BSCN (@BSCNews) reported that the number of wallets holding at least 1 million
Something is changing in the XRP Ledger. It is not showing up in the price yet. It is showing up in the wallets. BSCN (@BSCNews) reported that the number of wallets holding at least 1 million XRP has reached 2,147. That is the highest count recorded in 2026.
The data comes from blockchain analytics firm Santiment, which tracks large-holder distribution across the XRP network.
The 2,147 figure did not arrive gradually. The group grew by 28 wallets in just 10 days. 18 of those additions came in the final 3 days of that window. That acceleration is significant. It shows that the pace of large-wallet growth is increasing.
Santiment classifies these wallets as millionaire holders based on token count. Each qualifying address holds a minimum of 1 million XRP. At the current price of $1.30, that threshold represents a substantial financial commitment.
XRP's Biggest Holders Are Not Backing Down
The number of wallets holding at least 1 million $XRP (@XRP) has reached 2,147, its highest count this year.
Santiment says 28 new wallets joined the group in just 10 days. 18 of those additions came within the past three days.
The… pic.twitter.com/7uu04CkQ2X
— BSCN (@BSCNews) November 4, 2026
XRP has been trading in a compressed range. The price has stayed near $1.20 to $1.25 through this period. Recent reports show that whales now control over 68% of the available XRP supply. That context makes the wallet growth more notable.
Large holders are adding positions while the price is under pressure. That behavior shows long-term conviction in the asset. The increase comes despite the unfavorable price conditions, which makes it a more credible signal of sustained interest from serious holders.
The response from crypto commentators has been strong. One commenter noted that 18 of the 28 new million-XRP wallets arriving in just 3 days signals acceleration in buying, and that large holders adding into weakness is rarely a random event.
Another market participant said smart money appears to be buying the dip to build positions, and the key question now is whether that accumulation translates into a sustained recovery.
One voice in the conversation drew a clear distinction between retail and institutional behavior. He stated that retail tracks the price while institutions focus on the infrastructure.
The 2,147 count represents less than 0.03% of over 8 million funded XRP accounts. This is a small group making large moves. When that group grows during price weakness, the on-chain data shows deliberate accumulation. Santiment’s figures show that XRP’s largest holders are no longer retreating.
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