In Brief: XRP wallets holding at least 10,000 tokens rose by 16,815, reaching about 343,500 addresses despite persistent weakness in the cryptocurrency market. Santiment noted an encouraging
XRP wallets holding at least 10,000 tokens rose by 16,815, reaching about 343,500 addresses despite persistent weakness in the cryptocurrency market.
Santiment noted an encouraging divergence: XRP declined roughly 30% over seven weeks while larger wallet addresses steadily increased.
XRP faces critical support at $1, with Santiment identifying potential recovery targets between $1.10 and $1.15 if conditions improve.
XRP has recorded significant growth in large wallet addresses despite losing approximately 30% of its value over seven weeks. The contrasting movement has raised expectations of potential accumulation as the cryptocurrency approaches the critical $1 support level.
According to blockchain analytics platform Santiment, XRP wallets holding at least 10,000 tokens have increased by 16,815 since February 9, representing 5.15% growth over nine months and bringing the total to approximately 343,500 addresses.
In its latest X post, Santiment highlighted the growing divergence between XRP’s declining price and expanding large-wallet population, describing the development as an encouraging signal amid persistent selling pressure across the cryptocurrency market.
XRP traded near $1.0582, approaching the psychologically important $1 support level, while the number of larger addresses maintained an upward trajectory despite repeated price declines.
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Santiment’s chart shows that approximately 326,695 XRP addresses held at least 10,000 tokens on February 9. Since then, the figure has climbed steadily, reaching approximately 343,510 addresses in November.
Notably, wallet growth accelerated between July and November, even as XRP struggled to maintain its earlier price levels. During this period, the number of qualifying addresses increased while the cryptocurrency experienced several unsuccessful recovery attempts.
Santiment attributed the divergence to possible accumulation among higher-capital traders seeking opportunities during the market downturn. The analytics platform suggested that larger holders may be expanding their positions rather than abandoning XRP during the selloff.
XRP Shark Accumulation is BUILDING While Retail Fears Sub-$1.00 Prices
XRP wallets holding at least 10K tokens are growing at a rapid rate here in November. There are now roughly 343.5K of these wallets, up 16,815 (+5.15%) in 9 months. Larger holders are expanding even as… pic.twitter.com/VUQqaOs5Xf
— Santiment Intelligence (@SantimentData) November 11, 2026
Significantly, XRP has declined approximately 30% over seven weeks, while addresses holding substantial token balances have increased. This contrast suggests that declining market prices have not discouraged the expansion of the cryptocurrency’s larger wallet population.
Still, the figures measure qualifying addresses rather than individual investors or the total XRP accumulated by those wallets. Changes in wallet distribution can also influence address counts without necessarily indicating additional purchases.
Beyond the expanding wallet population, Santiment identified $1 as the most important support level for XRP’s immediate price direction. The platform outlined a potential recovery scenario if large-wallet growth persists and Bitcoin stabilizes.
Under these conditions, XRP could recover toward $1.10 before extending gains to the $1.15 resistance region. Such a movement would represent approximately 3.95% to 8.68% upside from the chart’s $1.0582 reference price.
Conversely, losing the $1 support level alongside declining large-wallet counts could expose XRP to additional short-term selling pressure. Santiment suggested that increased retail fear could follow such a breakdown before a possible market rebound develops.
The platform’s outlook therefore depends on sustained wallet growth, broader market stability, and XRP’s ability to defend psychological support. Overall, Santiment’s findings highlight a growing divergence between XRP’s weakening price and expanding large-wallet population, with $1 remaining decisive.
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