XRP price nears $1 as 343,500 wallets hold at least 10,000 tokens, Santiment reports

The number of XRP wallets holding a minimum of 10,000 tokens has reached about 343,500, even as the XRP price experienced a sustained decline over recent weeks. Data published by analytics firm Santiment indicates the rise in wallets points to potential accumulation by larger holders despite weakening prices. Santiment identified a growth of 16,815 wallets with at least 10,000 XRP over the past nine months, representing a 5.15% increase. This growth occurred during a period when XRP’s price dropped approximately 30% within seven weeks. The analytics platform noted that such divergence could signal accumulation from larger holders who continue to build positions during downturns.

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