XRP Wallet Explosion Signals Growing Long-Term Confidence Despite Market Volatility

Santiment data shows XRP whale wallets reaching record highs despite prolonged crypto market uncertainty across 2026.

Fridah Kangai
May 14, 2026
2:45 pm

Fridah Kangai

Fridah Kangai is a dedicated crypto journalist with a sharp eye for market trends, blockchain innovation, and digital asset movements. She specializes in breaking down complex topics into clear, engaging stories for both seasoned investors and curious newcomers. With a passion for decentralization and a pulse on the ever-evolving crypto space, Fridah delivers timely, accurate, and insightful coverage. Her work bridges the gap between technology and everyday understanding in the world of cryptocurrency.

XRP whale wallets hit record levels despite prolonged market uncertainty.
February market crash failed weakening long-term XRP holder accumulation trends completely.
Santiment data revealed sustained investor confidence across expanding XRP wallet growth

In a significant milestone, large XRP holders accumulated even more over the past week, continuing their accumulation on-chain. According to Santiment, a blockchain analytics platform, there are currently 332,230 XRP wallets on the XRP Ledger with over 10k XRP held in each. That’s a new all-time high on the back of a couple of corrections in the market but after a long run upward trend since June 2024.

Large XRP wallets continue to grow, and that is a positive sign that investors with long-term views are starting to believe in the future of XRP, Santiment says. For the future, I believe many of those who hold the coins are quite content to buy, even in uncertain times, when the prices swing back and forth. This trend has been increasing since XRP hit its lows for 2026 early this year, and it’s unlikely to stop anytime soon.

Santiment also reported on the offbeat numbers of monthly sell-off besides the rising wallet numbers. The analytics platform pointed out more than 4,500 XRP wallets with more than 10,000 XRP were deleted between February 6 and February 8.

🐳 According to our on-chain data, XRP Ledger now has reached an all-time high of 332,230 wallets holding at least 10K $XRP. This extends a consistent growth trend that has been building since June, 2024. The continued rise in XRP Ledger wallets holding at least 10,000 XRP is an… pic.twitter.com/bd68Os2mJR
— Santiment Intelligence (@SantimentData) May 12, 2026

Also Read: Peter Thiel-Backed Augustus Targets US Banking With AI Stablecoin Push

XRP Holders Continue Accumulating Despite Market Uncertainty

Interestingly, the wallet has bounced back following the correction in February, and is currently higher than it was before. The recovery further substantiates the idea that the trading rallies were volatile and the big holders were confident in the market, Santiment said. Furthermore, investors with over 10,000 XRP might be more experienced traders with long-term investments and less inclined to get in and out quickly. Those wallets are also a frequent watch for analysts as they can give a clue as to how investors are feeling in general.

XRP, on the other hand, continues to trade in a competitive crypto market, where traders have grown wary of potential liquidity issues and macroeconomic pressures. Regardless of that, the number of large wallets is increasing overall, suggesting a long-term attitude of adoption and usage of XRP with a positive outlook.

However, the latest Santiment data indicates that XRP has been steadily increasing in the accumulation process despite the volatile market conditions. These are a few of the biggest wallets for the XRP ecosystem, and they’re continuing to grow thanks to the trust that investors have in the network.

Also Read: Crypto.com Becomes Sole Approved Crypto Payment Gateway for Dubai Government