XRP Whales Accumulate 1.23B Tokens Amid Price Slump

XRP's large holders have been quietly accumulating tokens despite the asset's poor performance. According to Santiment, wallets holding between 10 million and 100 million XRP added 1.23 billion tokens since January, bringing their total holdings to 12.2 billion XRP.

This represents a 43% price slump in the same period, but large holders have continued to build their positions. In November 2025 alone, they expanded their supply by 2.4 billion XRP.

The accumulation trend began well before this year and continued into the summer, with the group's holdings reaching a fresh peak of 12.27 billion XRP in July 8, 2026. However, some distributions slightly reduced the total to 12.2 billion XRP.