XRP whales raise holdings to 46.87 billion, controlling 68.5% of supply

Large XRP investors, often referred to as “whales,” have accelerated their accumulation of the digital asset, boosting optimism around XRP’s price outlook despite ongoing market volatility. Recent onchain data indicates that wallets holding at least 10 million XRP now control a combined total of 46.87 billion XRP. According to analytics firm Santiment, this amount represents 68.5% of the cryptocurrency’s circulating supply—a level not seen since November 2022. The surge in whale balances has captured the attention of market observers, especially given that this accumulation comes as XRP continues to experience prolonged price corrections.

Source: CoinTurk News