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XRP whales increase holdings amid stable $1.20-$1.25 price range, signaling potential accumulation phase.

Protocol Fundamentals
04 Nov 2026, 07:48 WIB
Crypto Briefing
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Bullish
XRP whales increase holdings amid stable $1.20-$1.25 price range, signaling potential accumulation phase.

The number of XRP wallets holding at least 1 million tokens has reached a 2026 high of 2,147, according to Santiment. This increase in large holders occurred while XRP traded in a narrow $1.20 to $1.25 range, suggesting accumulation by long-term investors rather than selling pressure. Santiment highlights that these large wallets represent just 0.03% of total funded accounts but are significant for market sentiment. The firm notes that sustained wallet growth above 2,140 and price moves above $1.30 and $1.40 would confirm a stronger bullish trend, although past patterns show that large-holder buying does not guarantee immediate price gains.

XRP wallets holding at least 1 million tokens have climbed to 2,147, the highest count in 2026. For readers following cryptocurrency market dynamics, here is Pluang's market snapshot as of Nov 04, 2026 12:21 WIB: among 50 major cryptocurrencies tradable on Pluang, 27 rose and 21 fell today. Notable price changes include SXP (Solar) down 46.27% to Rp37, BAL (Balancer) up 11.14% to Rp16.297, and EOS (EOS.IO) up 8.13% to Rp12.649, with typical hold times ranging from 85 to 94 days.

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