XRP Whale Activity Surges as 300,000+ Wallets Now Hold 10,000+ Tokens
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Altcoins XRP is experiencing a surge in accumulation, with over 300,000 wallets now holding 10,000 or more XRP—a new all-time high. This signals growing interest and long-term conviction from large holders, even as the market trades sideways. Whales Accumulate $1.8 Billion in XRP in 30 Days Over the past month, whales have amassed 900 million XRP, valued at roughly $1.8 billion. This spike in accumulation activity comes amid relatively stable price action, suggesting that major investors are positioning themselves ahead of a potential move. Chart Signals: Price Flat, Wallet Growth Rising The chart shows a strong divergence between wallet count and price: The green line (number of addresses with ≥10k XRP) has been on a steady upward trajectory, breaking above 300k in May 2025. Meanwhile, the black line (XRP price in USD) has remained relatively flat in the $2–$3 range since February 2025. This divergence is often viewed as a bullish signal, where accumulation continues even without immediate price gains—potentially indicating confidence in a breakout once broader market conditions align. Why It Matters for XRP Rising address count and whale accumulation suggest XRP’s ownership base is maturing, with tokens consolidating in stronger hands. If demand increases while this accumulation trend continues, supply constraints could fuel significant upside momentum. Author Kosta Gushterov Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article Source: https://coindoo.com/xrp-whale-activity-surges-as-300000-wallets-now-hold-10000-tokens/
Filed under: News - @ May 6, 2025 12:21 pm