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XRP Whales Reach Milestone Not Seen Since 2022

XRP Whales Reach Milestone Not Seen Since 2022

Photo: U.Today

XRP's largest holders have reached a major accumulation milestone, with their share of the cryptocurrency's supply climbing to its highest level in nearly four years, according to on-chain analytics firm Santiment. In its latest update, Santiment revealed that wallets holding at least 10 million XRP now collectively control approximately 46.87 billion tokens. This represents roughly 68.5% of the supply under the firm's tracking methodology, marking the highest concentration among these massive holders since November 2022. The development is particularly notable given XRP's lackluster price performance.

Source: U.Today

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