Top 10,000 XRP Wallets Hold 85% of Supply While New Wallets Amass Millions

• Top 10,000 XRP wallets now hold 51.39 billion XRP, with whales actively reshuffling balances.
• 78 new wallets accumulated 77.324 million XRP in a single day, highlighting a concentrated accumulation trend.
• Technical indicators show XRP in a corrective phase, trading near $2 with bearish momentum, but potential for early recovery exists.

XRP whales are actively reshaping their holdings even as the cryptocurrency faces downward pressure. According to the latest rich list data shared by XRP community observer Mullen, the top 10,000 wallets now hold 51.39 billion XRP, representing just over 85% of the circulating supply.

Recent activity shows a distinct accumulation pattern, with 78 new wallets collectively amassing 77.324 million XRP in a single day.

Among these, one wallet acquired 35 million XRP, another 3.63 million, and six additional wallets each secured 1.99 million XRP. Meanwhile, 44 new wallets added over 300 million XRP each, and 246 existing wallets increased their balances by 17.91 million XRP.

Despite this influx, some wallets recorded outflows. Notably, one account, identified as Bithumb’s exchange wallet, moved 2.819 million XRP, leaving a balance of 1.785 million.

Analysts suggest this activity reflects routine fund management or customer withdrawals rather than a shift in market sentiment.

Overall, these patterns indicate a rotation within the rich list rather than a reduction, showing that whales are repositioning while waiting for the next market movement.

Also Read: XRP Consolidation Ahead? Market Watches $2.60 Close for Bullish Confirmation

XRP Struggles Near $2 Amid Weekly and Daily Losses

XRP has had some trouble lately, currently sitting at around $2.03 following a 7.18% loss in the last 24 hours and about 6% in the past week.

There is obviously still downward pressure on the currency as it has dropped below the mid-range level that it consolidated at for much of 2024 and 2025.

However, the ongoing long-term trend line from swing highs in the past remains strong resistance, and the Range Oscillator remains very negative at -129 points, indicating a lack of strength in buying power.

From the risk analysis in DDA Pro in relation to the XRP coin, the current condition indicates that it has been down at -29.35%, meaning it has low volatility and poor demand.

Having such a percentile ranked at about 89% indicates that it has been highly volatile when it is moving at a lower rate due to negative pressures.

RSI Signals Potential Stabilization, but Bears Remain Active

From technical analysis, it can be seen that XRP is in the process of correction after making such large movements in the past.

In this case, the RSI (14) is at 40.11, just above the oversold area, which means selling pressure still exists. The gap between the price and moving averages is still evident, which means that there is no reversal yet.

If it goes below 40, it may go lower, whereas above $2 and steady RSI may be signaling the start of the next accumulation phase as we head into 2026.

Also Read: XRP Signals Weekly Bullish Growth While Holding Key Support: Could 2026 Start With a Breakout?