XRP’s Largest Wallets Get Rewarded For Their Consistent Accumulation
🚀 XRP has staged an impressive comeback, surging +13% in just 24 hours and reclaiming the $1.28 level for the first time in two weeks. Like most altcoins today, $XRP traders have reacted positively to reports that the US-Iran conflict has reached a resolution, removing a major source of uncertainty that had pressured risk assets. XRP's rebound has been especially notable because it arrived after sentiment toward the asset had fallen to some of its lowest levels of 2026, creating the conditions for a powerful relief rally once fear began to fade.
🐳 XRP continues to benefit from strong support among its largest holders. Our on-chain data indicates that wallets holding at least 1M XRP now hold 74.1% of the entire supply and have accumulated an additional 1.53B coins in just the past six months. Traders are also keeping a close eye on Ripple's expanding institutional payment network and growing tokenization initiatives on the XRP Ledger, both of which have helped maintain long-term confidence despite recent price weakness. When improving macro conditions align with steady whale accumulation, sharp recoveries like this will generally happen quickly.