XRP wallets holding 10,000+ coins have hit a record high as whales accumulate, signaling growing confidence and a potential breakout from the descending channel.
According to Santiment, an on-chain analytics platform, wallets holding 10,000 or more XRP have reached an all-time high of over 317,500 addresses.
Both whales and mid-tier investors are aggressively accumulating XRP despite recent price swings, a clear sign of growing confidence in its long-term potential.
This milestone underscores growing confidence in XRP’s long-term outlook, even as short-term market volatility persists.
Author's summary: XRP confidence grows as whales accumulate.