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XRP millionaire wallets rise by 32 despite 29% price drop in 3 months, signaling strong whale accumulation.

Technical Signals
12 Aug 2026
Bitcoin
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Neutral
XRP millionaire wallets rise by 32 despite 29% price drop in 3 months, signaling strong whale accumulation.

Despite XRP's market capitalization falling 29% over the past three months and its price dropping to around $1.02 from a 2025 peak of $3.66, the number of wallets holding at least 1 million XRP increased by 32. Large holders have continued accumulating, adding over 380 million XRP recently, with many moving tokens into self-custody, indicating long-term holding. This pattern of accumulation during price dips suggests strong conviction among whales and may hint at a market bottom forming, even as institutional demand and ETF inflows have cooled. Traders are watching the $1 support level closely as XRP navigates this divergence between onchain activity and market price.

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