XRP’s latest price decline has coincided with a notable increase in the amount of the cryptocurrency held by large wallets without public ownership labels. While XRP has fallen more than 40%
XRP’s latest price decline has coincided with a notable increase in the amount of the cryptocurrency held by large wallets without public ownership labels.
While XRP has fallen more than 40% since the beginning of the year, these wallets have continued accumulating balances, raising questions about who controls the additional tokens and what the on-chain figures reveal about activity in the market.
Crypto commentator X Finance Bull examined XRP Ledger data in a post on X, reporting that unlabeled wallets holding at least 1 million XRP increased their collective balances by 2.40 billion tokens between January 1 and November 13, 2026.
$XRP HOLDERS, YOU NEED TO SEE THIS
XRP dropped 43%. Yet billions of XRP were added to wallets with no public owner label.
Everyone is watching the price collapse.
I've been looking at what the XRP Ledger is actually showing.
And the numbers deserve serious attention.… https://t.co/bQ6Bm6fxCQpic.twitter.com/B17H2iWkoS
— X Finance Bull (@Xfinancebull) November 14, 2026
According to X Finance Bull, unlabeled wallets holding at least 1 million XRP collectively controlled 15.84 billion tokens on January 1. By November 13, their combined holdings had reached 18.24 billion XRP, representing a 15.1% increase.
The commentator also provided figures from five separate checkpoints throughout the year. These wallets held 15.84 billion XRP in January, 16.33 billion in April, 16.74 billion in July, 17.31 billion in October, and 18.24 billion by November 13.
Each checkpoint recorded a higher balance than the previous one, despite XRP experiencing considerable price weakness during the same period.
X Finance Bull compared this growth with XRP’s price performance on Bitstamp. The cryptocurrency declined from approximately $1.84 to $1.04, representing a 43% drop.
The analysis also examined wallets holding at least 1 million XRP across the entire network. Their number increased from 1,995 to 2,147, while their combined balances rose from 48.15 billion to 51.01 billion XRP. However, 112 of the 152 additional wallets carried exchange labels, making it important to distinguish exchange-related wallet movements from other forms of accumulation.
X Finance Bull also examined the largest unlabeled accounts, specifically those holding at least 10 million XRP.
Their number increased from 312 to 341, while their combined holdings climbed from 12.62 billion to 14.83 billion XRP. This represents an additional 2.21 billion XRP held by this group.
The commentator further noted that seven of the ten largest unlabeled gainers either held fewer than 100,000 XRP or did not exist at the beginning of the year. One account alone increased its balance by 238 million XRP.
However, X Finance Bull acknowledged that the XRP Ledger cannot identify the real-world owners behind unlabeled wallets. These accounts could belong to institutions, custodians, investment funds, OTC desks, or businesses, although the available data cannot confirm any of these possibilities.
The analysis also prompted a response from an XRP holder, Luciano Tavares, who expressed frustration with years of unfulfilled expectations surrounding XRP’s price. He suggested that the cryptocurrency’s fair value remained far above its exchange price.
X Finance Bull responded by questioning whether Ripple or the XRPL Foundation had ever promised XRP holders a specific price increase. He attributed many of the expectations to individuals promoting ambitious price targets rather than official commitments from these organizations.
The commentator added that investors should examine the fundamentals and developments that could support long-term growth instead of expecting XRP to appreciate every day.
X Finance Bull reiterated that nobody can accurately predict how high XRP will rise or when that increase will happen. He described himself as a long-term investor who prioritizes on-chain data, market developments, and broader fundamentals.
For now, the central question remains who controls the additional 2.40 billion XRP in unlabeled million-plus wallets. Whether the increase represents accumulation, custody consolidation, or a combination of both remains unconfirmed by the available ledger data.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
Follow us on Twitter, Facebook, Telegram, and Google News
The post Crypto Proponent: XRP Holders, You Need to See This appeared first on Times Tabloid.
