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XRP whales now control 68.5% of supply, highest since Nov 2022, signaling concentration amid market uncertainty.

Technical Signals
27 Oct 2026, 01:55 WIB
Crypto Briefing
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Neutral
XRP whales now control 68.5% of supply, highest since Nov 2022, signaling concentration amid market uncertainty.

Wallets holding at least 10 million XRP now control 68.5% of the total supply, the highest concentration since November 2022, according to Santiment data. This increase in whale dominance comes despite a slight drop in the number of mid-sized whale wallets, suggesting larger holders are consolidating their positions. Meanwhile, XRP balances on exchanges have risen, potentially adding selling pressure if whales offload tokens. The $1.26 price level is a key support to watch, with a drop below it possibly leading to further declines toward $1.11. This concentration raises concerns about XRP's decentralization and reflects cautious behavior during uncertain market conditions, similar to past periods like the SEC litigation against Ripple.

XRP price on Pluang is Rp23.242 with a 0.93% drop in the last day as of Oct 27, 2026 06:02 WIB. The market cap stands at Rp1.483,36 trillion with 64% of the total supply circulating. Selling activity dominates at 84%, reflecting cautious sentiment among traders during this period of whale consolidation.

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