XRP Wallets Holding Over 1 Million Tokens Reach 2,147, Highest in 2026

The number of XRP wallets holding at least 1 million tokens has reached 2,147, the highest recorded in 2026, as reported by blockchain analytics firm Santiment on November 3, 2026. This increase of 28 wallets over a 10-day period indicates growing accumulation among long-term holders, despite the token's price remaining relatively stagnant between $1.20 and $1.25.

According to Santiment, the rise in million-plus XRP wallets included 18 new addresses in the last three days of the reporting period. This group of wallets represents only 0.03% of the approximately 8.3 million funded accounts on the XRP Ledger, highlighting their exclusivity.

Interestingly, this trend is not unprecedented. A similar increase occurred in August 2026, where the number of wallets holding over 1 million XRP grew by 32, even as the market capitalization of XRP fell by 29%. This suggests that while large holders are accumulating, it does not necessarily prevent price declines in the short term.

On November 1, 2026, the XRP Ledger also saw a spike in activity, with 7,934 new wallets created, marking the sixth-highest daily total of the year. Santiment has outlined conditions for a constructive market setup, noting that the count of million-plus wallets needs to remain above 2,140 while the price stabilizes in the current range. A significant bullish signal would come if XRP can reclaim the $1.30 and $1.40 price levels alongside continued growth in large-holder addresses.

However, it is essential to note that a wallet does not equate to a single investor, as one entity can control multiple addresses. Therefore, fluctuations in wallet counts may not always reflect new buying activity. The current data suggests that while there is accumulation among large holders, the market dynamics remain complex and uncertain.