XRP Large Wallets Keep Growing Through a 30% Slide Toward $1.05

XRP wallets holding at least 10,000 tokens increased as the cryptocurrency fell roughly 30% over seven weeks, according to Santiment. The firm viewed the divergence as an accumulation signal, with $1 emerging as the immediate price level to defend. Blockchain analytics firm Santiment highlighted growth in large XRP wallets on Nov. 11 as the cryptocurrency fell roughly 30% over seven weeks. In its XRP large-wallet assessment , shared on X, the firm stated: The firm interpreted this divergence, or opposing movement in price and wallet counts, as accumulation, meaning some holders were adding XRP to their positions. Santiment noted: “When larger holders keep appearing during a selloff, it suggests some higher-capital traders are using the fear to build positions instead of abandoning XRP.”

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