XRP Millionaire Wallets Surge: Big Money Keeps Buying as Whales Double Down
Forget the noise—the real money is moving. While retail traders chase memecoins, a quiet accumulation is reshaping the XRP landscape. Wallets holding over a million dollars' worth of the digital asset are multiplying, painting a stark picture of institutional and whale confidence that cuts through market chatter.
The Whale Watch
This isn't about small-time speculation. The data signals a deliberate, capital-heavy strategy. Major holders—the so-called 'whales'—aren't just holding; they're actively increasing their positions, funneling serious capital into the ecosystem despite regulatory headwinds and the typical volatility that sends smaller investors scrambling. It's a classic play: accumulate when sentiment is mixed and the price isn't at an all-time high.
Smart Money vs. Narrative
This trend bypasses the daily news cycle. While headlines focus on lawsuits and exchange dramas, these deep-pocketed investors are executing a longer game. Their continued buying suggests a fundamental belief in the asset's utility and future valuation that isn't swayed by short-term FUD. It's a stark contrast to the reactionary trading that dominates social feeds—a reminder that in crypto, the loudest voices often have the smallest bags.
What the surge in high-value wallets really tells us is that confidence is being measured in millions, not tweets. In an industry obsessed with narratives, cold, hard on-chain data sometimes delivers the most provocative story of all: the smart money is betting big, leaving the cynical finance bros who dismissed the asset years ago perpetually playing catch-up.
On-chain data shows large XRP holders are returning
The largest XRP holders are now making a comeback after several months of decline. This comes after the cryptocurrency’s largest holders sold heavily towards the end of last year.
Santiment reported that 42 addresses holding at least 1 million XRP have returned to the ledger since January 1. This is the first increase in these large addresses since September and represents the end of the decline that occurred in late 2025. This change follows a sharp decline in large XRP wallets from October to December, in which 784 “millionaire” wallets left the network as selling pressure increased and prices stabilized.
However, since the beginning of 2026, this trend has been reversing, according to Santiment, which noted that large wallets appear to be entering the market rather than reducing their positions.
This is happening despite the fact that the price of XRP is down about 4% year to date. This is an encouraging sign for the future, as large wallets often MOVE before the market.
With XRP trading around $1.87, every wallet containing at least 1 million units is worth an impressive $1.87 million. This shows the enormous amounts of money that are being transacted in the recent acquisition of these digital currencies.
Market players are always monitoring the activities of large investors because they tend to be more concerned with the long-term than the short-term market situation. Thus, the buildup of large XRP holdings during a market lull can be interpreted as an indication that large investors expect favorable conditions in the future, despite the current negative market sentiment.
On the other hand, views on XRP’s short-term prospects are highly polarized. In a recent post on the X platform, crypto trader CW stated that XRP is on the brink of a massive selling wall and that strong buying pressure could push the price to $2.30 if it overcomes key resistance levels.
Analysts disagree on where XRP’s price will go as fear grows in the market
Analysts remain divided on XRP’s future as fear persists in the market and bitcoin continues to lead cryptocurrency trading. However, a few indicators suggest renewed interest in the token. Large investors are slowly building up their holdings, but overall indicators suggest they remain cautious about taking on more risk.
According to data provided by blockchain analytics company Nansen, the percentage of ‘smart money’ investors increasing their XRP holdings has risen by 11.55% over the past month.
These types of consistently profitable traders appear to be increasing their XRP positions even as overall market sentiment remains bearish. Others remain more cautious. Swyftx lead analyst Pav Hundal observed that XRP’s price movements may rely too heavily on storytelling rather than sound fundamentals. He warns that the price may face near-term pressure if unexpected events occur during the US CLARITY Act’s voting process.
However, broader market signals continue to suggest a nervous sentiment. The CoinMarketCap Altcoin Season Index currently reads 31 out of 100. This indicates Bitcoin’s strength in comparison to altcoins over the past 90 days.
At the same time, the Crypto Fear & Greed Index currently reads in the “fear” zone. This suggests that investors are still apprehensive about entering the market to buy coins like XRP.
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