Read this article on bsc.news The number of wallets holding at least 1 million $XRP (@XRP) has risen to 2,147, the highest count recorded this year, according to blockchain analytics firm San
The number of wallets holding at least 1 million $XRP (@XRP) has risen to 2,147, the highest count recorded this year, according to blockchain analytics firm Santiment. The increase has come while the token's price remains subdued.
Santiment said the group gained 28 wallets over the past 10 days, with 18 of those arriving in the final three days. That means the most recent additions made up nearly two-thirds of the total increase.
The additions happened while XRP traded between $1.20 and $1.25 , a range Santiment described as relatively weak for the token. Crypto.news reported that XRP traded near $1.25 on November 3, having lost 16.5% over the previous month. XRP was up roughly 2% to around $1.27 on November 4 , according to CaptainAltcoin.
Santiment said large holders tend to have longer time horizons than short-term traders, and it read the growth during price weakness as a sign that big balances are being built. The firm tied a constructive setup to XRP holding $1.20 to $1.25 while the count stays above 2,140. Stronger confirmation, Santiment said, would come if XRP can reclaim $1.30 and then $1.40.
A similar pattern appeared earlier this year. Wallets holding at least 1 million tokens grew by 32 over three months, even as XRP's market capitalization fell 29% in the same window, per Santiment.
The metric has limits. One investor can control several addresses, exchanges and custodians can redistribute XRP between wallets, and the data does not reveal who owns each address , according to CaptainAltcoin. Santiment's method counts distinct addresses grouped by token balance, so an address crossing the 1 million XRP threshold increases the count, while one falling below it reduces the tally.
Million-token wallets are also a very small part of the network. The XRP Ledger had roughly 8.3 million funded accounts in early November 2026, and wallets with 1 million or more XRP make up just 0.03% of that total.
Wider activity has also picked up. Santiment reported 7,934 new XRP wallets created on November 1, the sixth-highest daily total of 2026. That measure counts new addresses of all balance sizes.
Sources:
Bitcoin.com News: XRP Millionaire Wallets Hit 2026 High Despite Price WeaknessCrypto Briefing: XRP Wallets Holding 1 Million Tokens Climb to 2,147CaptainAltcoin: XRP Price Is Weak, But Millionaire Wallets Are Sending a Bullish Signal
