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The number of XRP wallets holding at least 10,000 tokens has risen to roughly 343,500, even as the price of <a href="https://x.com/search?q=%24XRP&amp;src=cashtag_click" rel="noopener noreferrer nofollow">$XRP</a> has dropped sharply in recent weeks. The data comes from on-chain analytics firm Santiment.
<cite>Santiment reports these mid-to-large holder addresses grew by 16,815 over the past nine months, a 5.15% increase, bringing the total to approximately 343,500 as of November 11, 2026.</cite> Over the same stretch, <cite>XRP fell roughly 30% over seven weeks.</cite>
<h2 id="what-the-wallet-data-shows">What the Wallet Data Shows</h2>
The metric is straightforward. <cite>It counts how many XRP wallets hold at least 10,000 tokens at any given moment.</cite> At a price of $1.05, <cite>a minimum holding of 10,000 XRP equals roughly $10,500.</cite>
Santiment reads the divergence as a sign of accumulation. <cite>Its analysts suggest that when large-holder addresses expand during price weakness, it reflects deliberate accumulation by significant investors.</cite><cite>If big holders were dumping, the count of large wallets would be expected to shrink as tokens are distributed to the broader market.</cite>
The data has limits. <cite>The increase establishes growth in that category, while purchase volume requires separate evidence.</cite><cite>Splitting 20,000 XRP from a single account into two wallets of 10,000 each would raise the tally by one without any net purchases.</cite>
<h2 id="why-1-is-the-level-to-watch">Why $1 Is the Level to Watch</h2>
Santiment has flagged $1 as the key price level. <cite>The firm tied a potential recovery toward $1.10 to $1.15 to XRP holding $1, continued growth in wallets holding at least 10,000 tokens, and bitcoin stabilizing.</cite><cite>Losing $1 while wallet growth reverses would weaken the accumulation case, according to the firm.</cite>
The price pressure has been heavy. <cite>XRP dropped 18.4% over seven days to November 10, making it the worst-performing major coin over that period, and traded at $1.04.</cite> Spot ETF demand has also faded. <cite>US XRP funds saw zero net flows from November 3 to November 6, according to SoSoValue, and lost $10.4 million on November 9.</cite> On the chart, <cite>the next support level is the lowest close in a year, 99 cents from August 16.</cite>
Rising wallet counts do not guarantee a price rebound. They do show that the number of mid-sized and large XRP holders has kept growing through one of the token's weaker stretches this year.
Sources:
<ul>
 <li><a href="https://cryptobriefing.com/xrp-shark-wallets-grow-near-1-level/" rel="noopener noreferrer nofollow">Crypto Briefing: XRP shark wallets grow 5% as price nears key $1 level</a></li>
 <li><a href="https://news.bitcoin.com/market-updates/xrp-large-wallets-keep-growing-through-a-30-slide-toward-1-05/" rel="noopener noreferrer nofollow">Bitcoin.com News: XRP large wallets keep growing through a 30% slide</a></li>
 <li><a href="https://247wallst.com/investing/cryptocurrency/2026/11/10/xrp-fell-17-in-a-week-more-than-any-other-major-coin-is-xrp-dead/" rel="noopener noreferrer nofollow">24/7 Wall St.: XRP fell 17% in a week</a></li>
</ul>
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XRP Wallets Holding 10,000 Tokens Reach 343,500 as Price Slides 30%, Santiment Says

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