Shockingly quiet XRP whales are stacking up 42 new millionaire wallets as price stays stuck under $2
Despite XRP's price remaining below $2, on-chain data reveals whales are accumulating the token, adding 42 new millionaire wallets in 2026.Summary
XRP began 2026 trading in a narrow range under $2, but data indicates high-net-worth investors are actively accumulating the token. Santiment reports a net increase of 42 "millionaire" wallets (holding at least 1 million XRP) since the start of the year, the first rise since September 2025. This accumulation occurs despite the price remaining relatively low, suggesting whales are capitalizing on the weakness. While XRP trades below its 200-day moving average and Sharpe Ratio remains near zero, indicating a cautious market, the tightening exchange supply and increased DEX usage on the XRPL suggest potential for a price shift. 21Shares forecasts a 2026 peak price of $2.45 (base case), $2.69 (bull case), and $1.60 (bear case) depending on ETF demand and real-world usage within the Ripple ecosystem.
(Source：CryptoSlate)