On-chain data from Santiment shows the number of XRP Ledger wallets holding at least 10,000 XRP tokens has reached a new all-time high. The milestone comes at a time when XRP is still trading 60% below its all-time high, showing how much disconnect there is between price and holder activity.
The top XRP investors have reduced their exposure over the past 30 days amid a midterm bearish outlook.
XRP Upbit volume surged to $330 million on May 15 after Hana Bank announced a $670 million Dunamu stake.
When will XRP's quiet consolidation end? Volatility is fading, structure is tightening, and the market looks increasingly coiled for its next move.
Flare, Monarq, and Upshift launched MXRPY, a multi-strategy yield vault for XRP holders with a cap of 500,000 FXRP. The vault deploys capital across three categories: options trading, rate arbitrage, and native XRPFi strategies within the ecosystem. The target yield sits between 3% and 4% APY.
XRP wallets holding at least 10M XRP now control a combined 45.83B tokens, valued at about $68.5B. According to Santiment, that cohort now holds 68.5% of XRP's supply, the highest level since May 2018. 🐳📈 XRP is teasing a $1.50 market value, and whale wallets are leading the charge.
XRP continued trading just below the critical $1.50 resistance level as investors positioned for a potential breakout driven by rising ETF inflows, growing derivatives activity, and renewed optimism surrounding U.S. crypto regulation. The token gained attention after the Senate Banking Committee scheduled discussions for the CLARITY Act on May 14, a bill that could further strengthen XRPs status as a commodity in the United States.
XRP's 8-year cup and handle remains intact, with the pattern now pointing to a potential long-term upside target of $27.
XRP (CRYPTO: XRP) spiked to $1.55 following the CLARITY Act passing the Senate Banking Committee before pulling back below $1.45 Whales Hold 45.83 Billion XRP Tokens Wallets holding at least 10 million XRP now control 45.83 billion tokens worth $68.5 billion, representing 68.5% of circulating supply. This marks the highest whale concentration since May 2018, signaling major holders are accumulating rather than distributing into strength.
The XRP derivatives exposure on Binance has surged to a 2-month high, raising the risk of a liquidation cascade if price momentum reverses.
Nasdaq's new XRP-tied product is being hailed as a quiet but rather major milestone for XRP's institutional journey.
XRP price continued consolidating near a key breakout zone this week after forming several bullish reversal patterns on the weekly chart, while improving regulatory sentiment and tightening exchange supply strengthened the bullish outlook. According to data from crypto.