XRP Whales Pile On as Retail Sellers Flee
XRP's market behavior is experiencing a notable shift, with whales increasing their exposure and smaller holders reducing positions.
According to Santiment data, wallets holding between 1M and 10M XRP added about 70M tokens between July 11 and July 15, 2026. Meanwhile, another group holding 100k to 100M XRP increased balances by around 2.8% over five weeks, while smaller wallets reduced exposure.
This accumulation signals a potential long-term gain for the asset, but market conditions, demand, and broader financial trends remain crucial factors in determining its performance. The decline of Binance XRP reserves to roughly 2.61B XRP and a drop in whale deposits to the exchange also indicate that fewer large holders are sending coins to exchanges for immediate selling.