XRP millionaires buy over 1.5 billion tokens in 6 months

XRP’s largest holders have accumulated more than 1.5 billion tokens over the past six months, despite periods of price weakness throughout 2026.

According to on-chain data from Santiment, wallets holding at least 1 million XRP added approximately 1.53 billion tokens during the period.

The XRP whale accumulation trend coincides with the cryptocurrency’s latest rally, which saw the asset surge 13% in 24 hours and reclaim the $1.28 level for the first time in two weeks.

XRP on-chain data. Source: Santiment

The buying activity highlights continued confidence among XRP millionaire wallets despite broader market volatility. Large holders now control 74.1% of XRP’s circulating supply, up from roughly 73.7% six months ago, according to Santiment data.

The data also shows a steady increase in XRP supply held by wallets containing at least 1 million tokens.

These addresses now hold about 74.1% of the total XRP supply, representing an increase of approximately 0.39 percentage points over the past six months. While the percentage gain appears modest, it translates into an additional 1.53 billion XRP accumulated by large holders.

Notably, the accumulation trend persisted even as XRP’s price declined for much of the period. The data shows XRP falling from above $3 in late 2025 to near $1.20 by mid-2026, while whale holdings continued to rise. The divergence suggests major investors increased exposure during market weakness rather than reducing positions.

The cryptocurrency rallied alongside a broader recovery in digital assets after reports indicated that tensions surrounding the US-Iran conflict had eased. 

The move helped XRP reclaim the $1.28 level after sentiment toward the asset had fallen to some of its weakest levels of 2026.

XRP price analysis 

By press time, XRP was trading at $1.24, up about 2.5% on the day and nearly 7% over the past week.

XRP seven-day price chart. Source: Finbold

Meanwhile, XRP’s technical outlook remains neutral to bearish. The asset is trading below both its 50-day simple moving average (SMA) of $1.32 and its 200-day SMA of $1.58, indicating that short- and long-term trends remain under pressure.

A move above the 50-day SMA would signal improving momentum, while a break above the 200-day SMA would strengthen the case for a broader trend reversal.

XRP’s 14-day relative strength index (RSI) currently stands at 43.92, placing it in neutral territory but below the key 50 level. This suggests bearish momentum still holds a slight advantage, although the cryptocurrency is not yet in oversold conditions.

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