$XRP, one of the largest altcoins in the cryptocurrency market, is at a critical point below $2.
While the $XRP price faces a short-term downside risk, on-chain data indicates strengthening fundamental investor interest. According to the data, $XRP whale wallets have increased again after four months.
At this point, on-chain analytics firm Santiment noted that the number of wallets holding at least 1 million $XRP has increased again for the first time since September last year.
Despite the drop in $XRP price, the increase in the number of large investor wallets and steady ETF inflows indicate that a quiet accumulation is continuing.
“$XRP price has dropped modestly by 4% since the beginning of 2026, but the number of millionaire wallets is increasing for the first time since September.”
More than 42 wallets holding at least 1 million $XRP have been seen returning to Ledger; this is an encouraging sign for the long term.
The good news for $XRP investors doesn’t end there. At this point, the outlook for US spot $XRP ETFs is progressing smoothly, with $XRP ETFs recording net inflows of $91.72 million this month.
According to SoSoValue data, these funds attracted $666 million and $499 million in November and December, respectively.
Despite the downward trend and slow movement in the $XRP price, the increase in the number of large investor wallets and steady ETF inflows indicate that a quiet accumulation is continuing.
$XRP is still trading at $1.87 at the time of writing.
*This is not investment advice.
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