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XRP Whales Now Hold Most Tokens Since 2018 As Price Eyes $1.50
TL;DR
XRP's largest holders now control 45.83 billion tokens, the highest since 2018, as the price approaches $1.50. These wallets hold 68.5% of XRP's total supply.
Key points
- XRP's largest holders control 45.83 billion tokens
- This is the highest level since May 2018
- Whale wallets hold 68.5% of XRP's total supply
- XRP price is approaching $1.50
- Valued at approximately $68.5 billion
XRP’s largest holders have pushed their combined balances to the highest level in nearly eight years, according to on-chain analytics firm Santiment, as the token tests the upper end of a recent trading range near $1.50.
Santiment said wallets holding at least 10 million XRP now control 45.83 billion tokens, valued at roughly $68.5 billion based on the price level referenced in its update. The firm described the move as a whale-led push, noting that those wallets now hold 68.5% of XRP’s supply.
“XRP is teasing a $1.50 market value, and whale wallets are leading the charge,” Santiment wrote on X. “Wallets with at least 10M XRP now hold a combined 45.83B XRP tokens ($68.5B USD), the most they’ve held since May, 2018. This translates to 68.5% of the coin’s supply.”
XRP whale data | Source: X @SantimentData
Why This Is A Crucial Moment For XRP Price
The $1.50 area has drawn additional attention because it lines up with a key technical zone on the daily chart. Crypto analyst Cheds Trading described the move as an “XRP bounce into range peak on daily,” alongside a chart showing price pressing into the upper boundary of a multi-month consolidation range.
XRP daily chart | Source: X @BigCheds
This means the current move is not only about whale balance growth. XRP has rebounded from a lower support zone and is now trading into a region where prior rallies stalled. A decisive move through that area would change the near-term structure; failure there would reinforce the range that has contained the asset since the sharp sell-off earlier in the year.
Santiment’s adds another layer to the whale accumulation story. In a separate May 13 update, the firm said the XRP Ledger had reached an all-time high of 332,230 wallets holding at least 10,000 XRP. According to Santiment, that count has been in a consistent growth trend since June 2024.
Q&A
What percentage of XRP's supply is held by whale wallets?
Whale wallets holding at least 10 million XRP now control 68.5% of the total supply.
How much XRP do the largest holders currently possess?
The largest holders possess a combined total of 45.83 billion XRP tokens.
What is the current market price of XRP as it approaches?
XRP is currently testing the upper end of a trading range near $1.50.
When was the last time XRP whales held this much of the supply?
XRP whales have not held this much of the supply since May 2018.
