The XRP Ledger has reached a major milestone, with accumulation among large holders continuing to strengthen despite ongoing market volatility.
Specifically, the number of wallets holding at least 10,000 XRP has climbed to an all-time high of 332,230, extending a steady growth trend that has been building since June 2024, according to on-chain data shared by Santiment on May 13.
XRP Ledger wallet holdings. Source: Santiment
The insights indicate there was a temporary interruption in the trend between February 6 and February 8, when more than 4,500 wallets holding over 10,000 XRP disappeared from the network.
While there was no confirmed XRP-specific event tied to the decline, the drop coincided with a broader cryptocurrency market crash and widespread liquidations across digital assets.
However, the XRP Ledger has since fully recovered from that decline, with the number of whale wallets surpassing previous levels and continuing to trend upward into May 2026.
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