Wallets holding more than 1 million XRP tokens now control over 74% of the circulating supply. That figure comes from a new video by crypto commentator Digital Asset Investor (@digitalassetbu
Wallets holding more than 1 million XRP tokens now control over 74% of the circulating supply.
That figure comes from a new video by crypto commentator Digital Asset Investor (@digitalassetbuy), who tracked millionaire wallets accumulating 1.53 billion XRP over the past six months. Retail investors sold through nearly every dip, and large holders kept buying.
Whales Keep Stacking XRP
Digital Asset Investor built his video around accumulated data. Million-plus wallets steadily added XRP, even as retail sentiment soured. He described the pattern as a sign that large holders are positioning early, ahead of a price move he expects to happen fast rather than gradually.
The Case for an Overnight Revaluation
The core argument rests on tokenization. Citing analyst CharuSan, Digital Asset Investor referenced the March 17 SEC and CFTC classification of XRP as a digital commodity. He laid out a thesis in which trillions of dollars in tokenized assets eventually settle through XRP. He argued that slow, gradual price increases cannot support that volume.
He called an “instantaneous revaluation” a technical necessity before any large-scale tokenization system goes live. He said even 1% of an estimated institutional pool entering the system would push XRP into three-digit territory.
He also referenced comments from former Ripple CTO David Schwartz, who explained that utility-driven price gains eventually attract speculators, who then accelerate the move. He shared a clip of Ripple CEO Brad Garlinghouse making a related point at MIT, noting that fixed token supply paired with rising institutional demand creates predictable upward pressure.
Ripple’s Business Outside XRP
Digital Asset Investor also highlighted Ripple’s expanding operations. Ripple has acquired a stake in Flutterwave, valuing the African fintech firm at $3.3 billion.
Garlinghouse said Ripple expects to end 2026 with a $1 billion revenue run rate, a figure that excludes the XRP held on Ripple’s balance sheet. RLUSD has also reached a market cap of nearly $1.6 billion.
Price Levels and Regulatory Catalysts
XRP briefly touched $1.25 after a 10% rally before pulling back to $1.20, a level Digital Asset Investor called key support. He noted that XRP social sentiment hit its weakest reading since October 2025 when it experienced a flash crash. However, that level has historically preceded strong rebounds.
Regulatory catalysts remain active, too. Charles Schwab’s digital asset research head said the CLARITY Act could trigger a significant rally if it passes. Galaxy Research puts the odds of passage at 75%, with a presidential signature targeted for early August.
Standard Chartered also maintains a $27 to $28 XRP price target for 2030. For Digital Asset Investor, these factors all point toward a sudden price move rather than a slow climb.
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