XRP Whale Accumulation Reaches Record High Amid Price Struggles
XRP Whale Traders Hit All-Time High: What Does It Mean?
Benzinga
Image: Benzinga
XRP whale accumulation has hit an all-time high with 332,230 wallets holding at least 10,000 XRP. This trend suggests long-term confidence among investors despite XRP's price remaining below previous cycle highs. Traders are now eyeing the $1.80 resistance level as a potential breakout point.
- 01XRP now has a record 332,230 wallets with at least 10,000 XRP each.
- 02The accumulation trend indicates growing confidence among long-term holders.
- 03XRP's price has remained below previous highs throughout 2026.
- 04A key resistance level at $1.80 could signal a potential breakout if reclaimed.
- 05Recent whale activity suggests bullish sentiment may be building.
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XRP whale accumulation has surged to an all-time high, with 332,230 wallets now holding at least 10,000 XRP each, according to data from Santiment. This growth, which has been ongoing since June 2024, reflects increasing confidence among larger holders, who are accumulating during periods of market volatility rather than chasing price surges. Despite XRP trading below previous cycle highs for much of 2026, the trend of wallet accumulation suggests a shift towards long-term investment strategies. Notably, there was a brief decline of over 4,500 wallets between February 6 and February 8, coinciding with a broader liquidation event in the crypto market. However, wallet numbers have since rebounded to new highs. Traders are now focused on the $1.80 resistance level, which, if reclaimed, could pave the way for a stronger upward movement in XRP's price.
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