XRP wallets holding 10,000+ coins have reached an all-time high, indicating growing confidence among whales and a potential breakout from the descending channel.
According to Santiment, a leading on-chain analytics platform, over 317,500 addresses now hold 10,000 or more XRP, signaling intensified accumulation among whales and mid-tier investors.
This steady accumulation often precedes major market moves, suggesting informed investors are positioning early for a potential breakout.
The data show that both whales and mid-tier investors are aggressively accumulating XRP, despite recent price swings, indicating growing confidence in its long-term potential.
Author's summary: XRP wallets hit record high, signaling potential breakout.