XRP Millionaire Wallets Increase Despite Recent Price Decline
Santiment data shows a rise in wallets holding over one million XRP, marking the first increase since September and hinting at a possible improvement in long-term investor sentiment.
XRP
Fact Check
The evidence overwhelmingly and consistently supports the statement. A majority of the provided sources (1, 2, 3, 4, 5, 6) directly state that the number of XRP wallets holding $1 million or more increased concurrently with a decline in XRP's price. The reporting is remarkably specific and consistent, with multiple sources citing the same figure of 42 new or returning 'millionaire' wallets. Crucially, several high-authority sources (Yahoo Finance, Cryptorank, CryptoPotato) attribute this data to Santiment, a reputable on-chain analytics firm, which significantly enhances the credibility of the claim. The remaining sources provide strong corroborating evidence of 'whale accumulation' and large movements of XRP off exchanges, which are activities that align perfectly with the core statement. There are no contradictions among the provided sources; they are all in unanimous agreement on this trend.
Summary
On January 29, Santiment reported that the number of XRP wallets holding over one million tokens increased by 42, the first rise since September. This follows a 4% price decline since early 2026. Analysts note that the return of large holders, often referred to as whales, could indicate growing confidence in XRP’s long-term prospects despite current price pressure.
Terms & Concepts
- XRP Millionaire Wallets: Cryptocurrency wallets holding XRP valued at over one million units or equivalent, often associated with large-scale investors.
- XRP: A digital asset used by Ripple for fast and low-cost cross-border payments.
- Ripple: A blockchain-based payment protocol enabling fast, low-cost international transaction settlements.