Wallets holding at least 10 million XRP now control about 46.87 billion tokens, or 68.5% of the supply, the highest share since November 2022, according to Santiment data cited by BlockBeats.
Concentration rises as XRP trades near $1.29
Santiment said large holders continued accumulating while XRP remained under pressure around $1.29. It described a possible accumulation signal if smaller traders keep selling and large wallets keep adding. That is Santiment’s interpretation, not proof of a future price direction.
The 68.5% figure measures the share held by wallets above the 10 million XRP threshold; it does not represent new buying or all holders. Santiment also pointed to $1.30 and $1.50 as levels it was watching, but those conditional markers are not a forecast.