Mid-tier XRP holders hit record 332,230 as price falls 20%
Santiment reports wallets holding at least 10,000 XRP reached 332,230, an all-time high, while XRP is down 20.7% year-to-date.
Data from on-chain analytics firm Santiment shows wallets holding at least 10,000 XRP climbed to a record 332,230 in recent weeks, even as XRP is down 20.7% year-to-date.
Santiment’s metrics show the cohort has expanded steadily since June 2024. Addresses with 10,000 or more XRP sit above small retail accounts but below large institutional whales; the tier typically includes individual investors and smaller funds.
Santiment wrote, “This is especially notable because XRP has spent much of 2026 trading below previous highs, meaning many holders appear willing to accumulate during fear rather than chase momentum.”
The mid-tier group did not grow without interruption. Between Feb. 6 and Feb. 8 the cohort lost more than 4,500 wallets in its sharpest contraction, which Santiment linked to a broader market crash and a liquidation cascade on Feb. 5. The firm did not identify any XRP-specific catalyst for that decline.
XRP has posted a modest 7.7% recovery since volatility tied to the U.S.-Iran conflict, yet remains about 20.7% lower so far this year. At the time of the report, XRP traded near $1.45, down roughly 0.52% over the past 24 hours, moving broadly with the wider crypto market.
Santiment cautioned that rising wallet counts do not guarantee an immediate price surge. The firm noted conditions often seen before larger price moves are present: fewer coins available for trading, buyers willing to hold through downturns, and a market that recently underwent stress tests without reversing the accumulation trend.
Market participants will monitor on-chain indicators such as wallet growth and coins held off exchanges to track shifts in holder behavior.
