XRP Alert: 10k-Holder Count Hits ATH — Descending Channel, Breakout Looms
XRP wallets holding 10,000+ coins hit a record high as whales accumulate, signaling growing confidence and a potential breakout from the descending channel.
According to leading on-chain analytics platform Santiment, wallets holding 10,000 or more XRP have reached an all-time high of over 317,500 addresses, signaling intensified accumulation among whales and mid-tier investors.
This milestone underscores growing confidence in XRP’s long-term outlook, even as short-term market volatility persists.
The data show that both whales and mid-tier investors are aggressively accumulating XRP despite recent price swings, a clear sign of growing confidence in its long-term potential.
Therefore, this steady accumulation often precedes major market moves, suggesting informed investors are positioning early for a potential breakout.
Wallets holding 10,000 or more XRP have reached an all-time high of over 317,500 addresses.
Author's summary: XRP wallets hit record high.