Three active short sellers added about 2.1 million XRP since late October among the most profitable wallets tracked by blockchain analytics firm Santiment. As of Nov. 6, only one of those wallets was long, and it had not traded since August. Santiment was assessing the positions alongside an XRP forecast calling for a decline to about $0.99, with the call deemed wrong if XRP closed above $1.36. XRP was down about 10% after the forecast, but still needed an estimated 17% decline as of the Nov. 6 update and roughly 15% from about $1.16 on Nov. 7 to reach the target. The forecast was scheduled for resolution on Nov. 19 through Score Arena, Santiment’s closed-beta platform for allocating its trading capital to selected traders. Santiment said the three traders opposing the bearish call had been on the wrong side of XRP’s decline, although their results remained provisional. Separately, wallets holding at least 1 million XRP reached 2,147 on Nov. 3, the highest count of 2026, while the XRP Ledger added 7,934 wallets on Nov. 1. Santiment linked a more constructive outlook to daily wallet creation staying above roughly 4,000 and XRP recovering above $1.30; a fall below $1.20 combined with wallet creation below 3,000 would weaken that signal. A Binance XRP scarcity gauge reached a four-year high near 2.1 on Nov. 5, while Binance’s XRP reserves rose to 2.63 billion from 2.35 billion on Nov. 3.