The cryptocurrency world is buzzing with renewed interest as the number of XRP wallets holding over one million tokens is on the rise for the first time since September. This notable uptick in large-holder activity signals a potential shift in market dynamics, offering insights for crypto investors looking for the next big opportunity.
Large-Holder Accumulation Resumes
After months of decline, the number of XRP millionaire wallets has increased. According to data from Santiment, this trend began in early January 2026, reversing a prolonged distribution phase. Over the last four months, approximately 384 millionaire wallets exited, driven by sustained price reductions. However, more recently, 42 new millionaire wallets have emerged, marking a pivotal change in large-holder behavior.
What makes this significant is the timing. Historically, wallet accumulation often precedes periods of volatility and growth. While the accumulation phase is still in its early stages, it suggests that investors may be positioning themselves strategically for potential market movement.
XRP Price: Consolidation Continues
Despite the increase in large-holder wallets, XRP’s price continues to trade within a tight consolidation range, bounded below $2. Attempts at price growth lack momentum, with subdued trading volume failing to establish higher highs. This disconnect highlights a familiar market behavior: large holders often accumulate quietly, anticipating future demand expansion that drives price growth later.
Technical analysis reveals a small demand zone forming near the lower support range, absorbing selling pressure. However, a robust breakout above $1.98 and a substantial volume surge are required to confirm a bullish trend. Indicators like the MACD suggest a potential bullish crossover, offering hope for upward movement in the near future.
What Does This Mean for Investors?
The return of XRP wallet accumulation by large holders is a promising signal. It underscores medium-term bullish potential, although price confirmation is still pending. For savvy investors, this represents a critical opportunity to monitor XRP closely and potentially capitalize on future price expansions.
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Final Thoughts
XRP’s accumulation phase hints at a possible market shift, but patience is key as price trends remain uncertain. With on-chain data aligning with technical indicators, cryptocurrency markets may be gearing up for an active period in the coming months.
Stay informed with the latest crypto and blockchain updates to make strategic investment decisions. As always, do your own research before acting, and only invest what you can afford to lose.
