XRP has fallen 4% since the beginning of 2026, but the number of large wallets holding the token has moved the other way. Data cited from Santiment shows that wallets with at least 1 million XRP have increased, marking the first rise in this group since September 2025.
Large holders added 42 new millionaire wallets
According to the source material, 42 new wallets holding at least 1 million XRP have appeared since January 2026. That increase came even as the token posted a modest price decline, suggesting some larger investors kept their positions and added during the dip. The contrast is sharp. Price weakened, while millionaire-level wallets expanded.
The article also notes that this trend follows an earlier decline. Between October 5, 2025 and December 31, 2025, the number of these wallets had fallen, pointing to a softer market structure during that period. With the start of 2026, the direction changed and the count began rising again.
Whale accumulation is back in focus
In crypto markets, changes in whale wallet counts are often watched as an on-chain signal. Here, the increase in millionaire XRP wallets during a price pullback suggests some large holders are using lower prices to accumulate. The source frames that behavior as a sign of confidence in XRP’s longer-term potential.
The material also says that larger holders tend to influence market direction. Based on the data provided, interest from this group has not faded even with short-term volatility still in place. XRP has slipped at the price level, but its biggest holders are growing in number. That divergence is what puts this data point back on the market’s radar.
What can be stated from the source is straightforward: XRP is lower on the year, while wallets holding at least 1 million tokens are increasing. For traders and observers tracking XRP, large holders have not stepped away.