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XRP nears $1.05 as large wallet holders increase despite price drop, signaling possible accumulation.

Technical Signals
12 Nov 2026, 01:16 WIB
Blockonomi
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Neutral
XRP nears $1.05 as large wallet holders increase despite price drop, signaling possible accumulation.

XRP price approached $1.05 on November 11 while the number of wallets holding at least 10,000 tokens rose to about 343,500, a 5.15% increase over nine months. This growth in large holders suggests accumulation despite a roughly 30% price decline over seven weeks. Santiment highlights $1 as key support and sees potential recovery to $1.10–$1.15 if wallet growth continues and Bitcoin stabilizes. Meanwhile, XRP futures show positive funding rates but declining open interest, indicating mixed market signals and cautious investor sentiment.

XRP trades at Rp18,890 on Pluang with a slight 0.98% decline as of Nov 12, 2026 06:31 WIB, while most Pluang users favor buying with 97% buy orders. The platform shows XRP's market cap at Rp1.220,39 trillion and a 24-hour volume of Rp33,87 trillion, highlighting active trading despite the recent price drop mentioned in the news. This steady interest aligns with the reported increase in large XRP holders and ongoing accumulation trends.

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