XRP Whales Vanish: 569 Mega-Wallets Gone, But 48B Token Hoard Hits 7-Year Peak
The platform reports that there are fewer wallets with at least 100 million XRP.
Quick overview
- Santiment reports a 20.6% decline in wallets holding at least 100 million XRP over the past eight weeks.
- The total coins held by the remaining wallets have reached a multi-year high despite the decrease in wallet numbers.
- 569 large wallets exited the 100M+ XRP category, indicating a significant shift in on-chain activity since early October 2025.
- On-chain flows suggest consolidation among major addresses, with balances likely merged into fewer wallets.
Live XRP/USD Chart
Santiment, an analytics firm, has released new data showing inconsistent changes in wallet numbers and balances.
The platform reports that there are fewer wallets with at least 100 million XRP. It also highlights that the total coins held by the remaining wallets reached a multi-year high.
According to Santiment, the number of wallets with 100M+ XRP dropped by 20.6 percent over the past eight weeks, confirming the earlier decline.
569 large wallets exited this category during this period. The count of large wallets steadily increased throughout most of 2024 and the early part of 2025, according to the accompanying chart. However, from early October 2025, this upward trend suddenly reverses, signaling a major shift in on-chain activity.
On-chain flows suggest consolidation among major addresses, with some balances likely merged into fewer wallets. This can reduce the apparent wallet count even if total holdings stay the same. The decrease in wallet numbers could also be due to some large holders moving their funds elsewhere.
Meanwhile, the remaining wallets seem to have absorbed the liquidity, keeping total holdings relatively stable.
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