Major whales scoop up 4.18B XRP since the 10/10 market crash

Large XRP holders have significantly increased their positions in recent months, accumulating billions of tokens following the sharp market downturn that began around October 10.

The broader crypto market experienced a notable correction during that period, with several major assets retracing after a strong rally earlier in the year. The Ripple token (XRP) was among the tokens affected, sliding from above the $2.30 region and entering a prolonged downtrend that lasted through early 2026.

However, the sell-off appears to have created an accumulation opportunity for large investors.

Data from Santiment shows that wallets holding between 10 million and 100 million XRP have steadily increased their balances since the October crash. These addresses collectively added roughly 4.18 billion XRP over the period, pushing their combined holdings to about 10.87 billion XRP.

Meanwhile, the largest whale cohort, wallets holding 100 million to 1 billion XRP, have also maintained elevated holdings, with balances recently climbing toward 8.74 billion XRP.

The sustained rise in these wallet balances suggests that major investors have been quietly accumulating during the market pullback rather than exiting positions, a pattern that historically precedes stronger market moves once broader sentiment improves.

XRP price analysis

At press time, XRP is trading near $1.40, stabilizing after weeks of sideways price action following the earlier decline from the $2.20 region.

The daily chart shows XRP forming a consolidation range between roughly $1.35 and $1.50, indicating a potential base-building phase as volatility continues to compress.

Momentum indicators remain neutral. The Relative Strength Index (RSI) is hovering around 45, suggesting that the asset is neither oversold nor overbought. This typically reflects a market waiting for a stronger directional catalyst.

Meanwhile, the Chaikin Money Flow (CMF) indicator is slightly negative near -0.11, indicating mild capital outflows despite the ongoing whale accumulation.

Key technical levels to watch include support around $1.35, which has held multiple times in recent weeks. A breakdown below this level could open the door toward $1.20.

On the upside, resistance sits near $1.50, with a stronger barrier around $1.60. A decisive breakout above this zone could signal renewed bullish momentum if whale accumulation continues.