- XRP Ledger wallets holding at least 10,000 XRP reached a record 332,230, Santiment data shows.
- Large wallets recovered after a February drop of more than 4,500 during a wider market crash.
- XRP holds above $1.34-$1.27 support, while resistance still blocks a confirmed breakout.
The XRP Ledger is flashing a fresh accumulation signal after wallets holding at least 10,000 XRP rose to a record 332,230. The figure, shared by Santiment, marks a new all-time high for this wallet category and extends a trend that has developed since June 2024.
The increase comes despite uneven price action in 2026. The XRP token has remained below earlier highs, but the number of mid-to-large holders has continued to climb. That contrast shows a growing gap between market price pressure and wallet accumulation.
Large Wallets Recover After the February Shakeout
Santiment’s data shows that larger wallets did not move in a straight line. Between Feb. 6 and Feb. 8, the number of wallets holding at least 10,000 coins fell by more than 4,500. At the time, no confirmed XRP-specific event was linked to the sudden decline.
Source: X
The timing, however, matched a broader crypto-market crash and liquidation wave around Feb. 5. Since then, the wallet count has recovered steadily. It has now moved above its previous peak, reaching the 332,230 level shown in the latest data.
That recovery gives the latest reading added weight. The February drop briefly interrupted the trend, but it did not reverse it. Instead, the large-wallet count has returned to record territory within months.
XRP Price Holds Above Key Support
The wallet data is now meeting an important technical setup. XRP recently traded near $1.43, close to the 23.6% Fibonacci level at $1.4247. The token remains above its main support area between $1.34 and $1.27.
That support zone has attracted buyers several times since March. It now serves as the main level bulls need to defend. A break below that range would weaken the current structure.
Source: TradingView
Meanwhile, the recovery from February has been gradual. The chart shows a 12.07% gain over 16 days, but upside momentum remains limited. Besides, the XRP price is still capped by a descending resistance trendline from the February high.
Breakout Confirmation Remains the Missing Piece
From a technical perspective, momentum indicators are not showing extreme conditions. The RSI is near 53.77, slightly above its signal line around 52.87. That reading points to mild buyer control, but not a confirmed breakout.
A clean move above the descending resistance trendline would shift attention to higher Fibonacci levels. The next levels on the chart sit at $1.6141, $1.7673, and $1.9204.
For now, the setup is defined by two clear forces. Large-holder wallets are at a record high, while the XRP price remains trapped below resistance. Holding $1.34 to $1.27 keeps the structure intact, but a breakout is still needed to turn accumulation into stronger momentum.
Related: XRP Flips BTC and ETH in Volume on Top South Korean Exchanges
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