Read this article on bsc.news The number of XRP wallets holding at least 10,000 tokens has risen to roughly 343,500, even as the price of $XRP has dropped sharply in recent weeks. The data co
The number of XRP wallets holding at least 10,000 tokens has risen to roughly 343,500, even as the price of $XRP has dropped sharply in recent weeks. The data comes from on-chain analytics firm Santiment.
Santiment reports these mid-to-large holder addresses grew by 16,815 over the past nine months, a 5.15% increase, bringing the total to approximately 343,500 as of November 11, 2026. Over the same stretch, XRP fell roughly 30% over seven weeks.
The metric is straightforward. It counts how many XRP wallets hold at least 10,000 tokens at any given moment. At a price of $1.05, a minimum holding of 10,000 XRP equals roughly $10,500.
Santiment reads the divergence as a sign of accumulation. Its analysts suggest that when large-holder addresses expand during price weakness, it reflects deliberate accumulation by significant investors.If big holders were dumping, the count of large wallets would be expected to shrink as tokens are distributed to the broader market.
The data has limits. The increase establishes growth in that category, while purchase volume requires separate evidence.Splitting 20,000 XRP from a single account into two wallets of 10,000 each would raise the tally by one without any net purchases.
Santiment has flagged $1 as the key price level. The firm tied a potential recovery toward $1.10 to $1.15 to XRP holding $1, continued growth in wallets holding at least 10,000 tokens, and bitcoin stabilizing.Losing $1 while wallet growth reverses would weaken the accumulation case, according to the firm.
The price pressure has been heavy. XRP dropped 18.4% over seven days to November 10, making it the worst-performing major coin over that period, and traded at $1.04. Spot ETF demand has also faded. US XRP funds saw zero net flows from November 3 to November 6, according to SoSoValue, and lost $10.4 million on November 9. On the chart, the next support level is the lowest close in a year, 99 cents from August 16.
Rising wallet counts do not guarantee a price rebound. They do show that the number of mid-sized and large XRP holders has kept growing through one of the token's weaker stretches this year.
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