XRP millionaire wallets are ramping up in 'encouraging sign': Santiment

Notizie in breve

Despite crypto market sentiment remaining trapped in "fear" territory and showing signs of weakness, wallets containing over 1 million XRP tokens have been steadily climbing since early this year—a development that crypto analytics platform Santiment believes signals promise for the asset's future. While XRP's price has declined by merely 4.00% since 2026 began, these so-called 'millionaire' wallets are expanding for the first time since September, Santiment observed on Wednesday. Therefore, crypto traders monitor these large holders intently, as their accumulation patterns frequently suggest where prices may head next.

The rise in XRP wallets holding more than 1 million tokens comes despite a weakening of broader crypto market sentiment, with a popular crypto indicator sitting in “fear” territory.

The number of XRP wallets holding more than 1 million tokens has been gradually increasing since the start of the year and could bode well for the asset’s long-term prospects, according to crypto analytics platform Santiment.

“XRP's price is down a modest -4% since the start of 2026, but its amount of 'millionaire' wallets are rising for the first time since September,” Santiment said in a post on Wednesday.

Crypto traders often track large-holder accumulation, using it as a signal for where the asset’s price could head in the future. 

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