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XRP whales hold record 68.5% of supply as price nears $1.50, signaling strong accumulation ahead of potential breakout.

Market News
15 May 2026
Coinpaper
View Source
Bullish
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Large XRP holders, known as whales, now control about 68.5% of the total XRP supply, the highest concentration since 2018. This accumulation phase is marked by whales moving coins off exchanges into private wallets, reducing market liquidity and sell pressure. XRP's price is currently around $1.42 and approaching the key psychological level of $1.50, which traders watch as a potential breakout point. The trend suggests strong conviction from long-term holders preparing for a significant price move, with increased on-chain activity supporting this shift in market dynamics.

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