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XRP Wallets Holding 10K Coins Hit Record High as Investors Continue to Accumulate the Asset

Highlights:

  • XRP wallets holding 10,000 tokens have reached a new record high.
  • Santiment reported that 332,230 addresses now hold at least 10K XRP coins.
  • The surge in the number of XRP wallets shows strong faith in the asset despite market changes.

Santiment has reported a surge in the number of wallets holding large amounts of XRP tokens. The analytical firm described these wallets as addresses holding at least 10,000 XRP tokens. In an X post on Wednesday, Santiment noted that these wallets have reached an all-time high (ATH) of about 332,230. The analytical platform stated that this rise in the number of XRP wallets matters because it suggests greater confidence among larger XRP holders.

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In addition, large investors are typically seen as long-term holders who are less concerned with the crypto market’s daily price movements. Rather, they seemed more focused on where the asset could be heading over time. The on-chain firm added that the surge in the number of XRP wallet addresses is unique because it occurred even while XRP was trading below its earlier peak.

Santiment stated:

“This is especially notable because XRP has spent much of 2026 trading below previous highs, meaning many holders appear willing to accumulate during fear rather than chase momentum.”

XRP Wallets Holding at Least 10K Tokens Recover from Earlier Dips

Aside from the massive spike in wallet numbers, Santiment’s analysis pointed out previous dips in the number of XRP wallets. According to the analytical firm, the number of mid-to-large XRP wallets dropped by roughly 4,500 between February 6 and February 8 this year. Santiment added that while there was no major XRP-related event linked directly to the decline, the timing coincided with the broader crypto selloffs that hit the market on February 5 2026.

The decline in XRP wallet addresses was short-lived as the network recovered quickly. Since then, the number of wallets holding 10,000 or more XRP tokens has exceeded previous highs. This implies that XRP accumulations resumed immediately after the wider market declines. Overall, investors will closely monitor this steady rise in the number of XRP wallets as it could be an important signal guiding their next investment moves. 

XRP Wallets Surge Coincides with Massive ETF Inflow

SosoValue, an on-chain exchange-traded fund (ETF) tracker, has been reporting significant XRP ETF inflows in recent weeks. For example, the five XRP funds recorded their highest daily net inflow on May 11. This inflow was worth $25.8 million. Yesterday, the ETFs attracted $5.31 million, led by the Bitwise XRP ETF (XRP). This fund gained $4.19 million, while the 21Shares XRP ETF (TOXR) added $1.12 million.

Other XRP ETFs, including Canary XRP ETF (XRPC), Franklin XRP ETF (XRPZ), and Grayscale XRP ETF (GXRP), had neither inflows nor outflows.

Moreover, since the beginning of this month, XRP ETFs have been recording only net inflows. However, the funds saw zero flows on two occasions. Overall, XRP ETFs’ cumulative net inflow sits at roughly $1.36 billion. The total value traded and net assets valuation are approximately $15.6 million and $1.16 billion, respectively. This net assets valuation now represents 1.3% of XRP’s market cap.

Meanwhile, XRP now ranks as the fifth most valuable cryptocurrency, with a market capitalization of approximately $89.9 billion. CoinGecko’s data showed that the asset has dropped by 0.3% in the past 24 hours. The asset is changing hands at about $1.46 with a trading volume of approximately $2.13 billion. 

XRP Price Chart: CoinGecko

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