XRP Whales Go All-In: Wallets Holding 1M+ Tokens Surge to Record High
XRP's big players are doubling down—hard. The number of wallets holding over 1 million tokens just smashed its all-time high, signaling either diamond hands or a very coordinated bet on Ripple's next move.
Whale watching season is open
While retail traders panic-sell over SEC noise, the OGs are quietly accumulating. These aren’t your average 'buy the dip' enthusiasts—these are wallets with serious skin in the game. The 1M+ club doesn’t throw its weight around without reason.
Ripple’s rollercoaster pays off for hodlers
From lawsuits to exchange relistings, XRP’s had more drama than a Netflix series. Yet here we are: institutional-grade wallets are treating it like digital blue-chip. Maybe they know something the rest of us don’t—or maybe they’ve just got a high tolerance for pain.
Meanwhile in traditional finance…
Banks are still 'evaluating blockchain solutions' while crypto whales make actual moves. Slow clap for the legacy system. One thing’s clear: when the suits finally catch on, they’ll be buying XRP at 10x from these same wallet holders.
XRP may be trading sideways, but behind the scenes, whales are making moves. According to the latest data, the number of wallets holding over 1 million XRP has hit an all-time high of 2,850, a record in XRP’s 12-year history.
Wallets with 10,000+ XRP have surged too, up 6.2% year-to-date, now totaling around 306,000 wallets. The strong accumulation among whales shows growing confidence in XRP’s long-term potential.
Some have also pointed to a recent drop in XRP exchange reserves as a bullish sign. But experts like Dom caution that on-chain data can be misleading, as tokens moved off exchanges are not always newly purchased and wallets are often misclassified.
Over $915M in XRP Bought in Just One Week
In the past week, XRP whales have bought over 420 million tokens, worth more than $915 million, which shows strong confidence in XRP’s recovery. But while big investors are buying, the number of new XRP wallets has dropped to a two-month low. Fewer users are entering the market, which shows hesitation despite the whale activity.
XRP Surged 6% on Heavy Volume
XRP recently saw a 6% surge climbing from $2.19 to $2.23 before settling around $2.20. The rally was driven by a huge spike in trading volume, over 108 million XRP in one hour, nearly four times the usual.
Whales made big moves during the rally. One transfer sent $58 million to Coinbase, and Ripple moved $439 million to an unknown wallet. But XRP held strong with strong buying support.
Retail Interest Is Picking Up
Retail interest in XRP is rising fast as Google searches for “XRP to $3” are climbing, and many traders expect a breakout between July and September. With the Ripple vs. SEC case still pending, regulatory clarity could be the next big catalyst. Some analysts now see $3 to $5 as the next price target range.
