XRP Whales Absorb $1.2792 Billion Token Drop

XRP whales have continued to add to their holdings despite a sharp price drop in 2026. According to Santiment on-chain data, the combined holdings of wallets with 10 million to 100 million XRP have increased by 1.23 billion tokens since the start of the year.

This represents a significant accumulation trend, with these whales adding over 2.4 billion tokens in November 2025 alone. However, as XRP came under pressure, the pace of buying slowed, and holdings even dipped to 10.97 billion XRP in early 2026.

A renewed accumulation trend began in March this year, continuing at a gradual but steady pace. By July 8, combined holdings had reached a record 12.27 billion XRP, although some supply later came to market, pulling the figure down to 12.2 billion XRP.