XRP “Millionaire” Wallets Hit Four-Month High Despite Price Dip

In the latest Ripple news, wallets holding at least one million XRP tokens have risen to levels last seen in the previous year. This comes despite the token’s continuous decline since the start of the year.

Why are XRP Whales Stacking Up Despite Decline?

New data from Santiment showed that the number of “millionaire” wallets has increased for the first time since September 2025. The number of such wallets has risen by 42 this month to 2,016. despite the 4% decline in price.

“XRP’s price is down a modest -4% since the start of 2026, but its amount of ‘millionaire’ wallets are rising for the first time since September. A net of +42 wallets with at least 1M XRP have returned to the ledger, an encouraging sign for the long-term.”

Also, the accumulation of XRP among “smart money” traders has increased by over 11% in the past 30 days, according to data from Nansen. Crypto investors usually watch the accumulation of large holders to determine the possible direction that the price of the coin could go in the future.

Some have attributed this confidence in the whales to the consistent inflow the XRP ETFs have posted in the past few days. The spot exchange-traded funds have seen a net inflow of $91.72 million this month.

The funds have attracted $666 million and $499 million in investor funds in November and December, respectively, as per SoSoValue.

In another Ripple news, the firm announced it would launch a solution that combines crypto, cash, and treasury management into a single dashboard. The new initiative was named “Ripple treasury” with GTreasury powering the platform. This news also added to positive sentiment for the XRP whales as they boost their exposure.

21Shares Predicts 25% Jump In Ripple Coin Price

Asset manager 21Shares projected the altcoin could see a rally of 25% to a $2.69 in a scenario they called a bull case. The token is currently trading between $1.88 to $2 as its downturn continues.

The crypto researcher at the firm Matt Mena said the current demand for the XRP ETFs could major driver for its rally. When the Ripple news broke last year of the resolved lawsuit, it opened the door for the launch of ETF products. Since then, it has recorded nearly $1.3 billion in inflows.

To add, Mena highlighted the growth in activity on the XRP Ledger. This comes especially with the interest of institutions to now issue and manage real-world assets like bonds and equities.

At the same time, the performance of XRP’s stablecoin, RLUSD, as a liquidity vehicle further supports the asset manager’s thesis that the token still has further upside potential.