XRP whales now hold nearly 69% of total supply as futures trading surges

XRP’s largest holders have achieved a new accumulation milestone, with their combined ownership rising to the highest point in nearly four years, according to data from blockchain analytics provider Santiment. Santiment reported that wallets containing at least 10 million XRP now collectively control around 46.87 billion tokens. This figure represents approximately 68.5% of the total supply under Santiment’s metrics, marking the highest share among these major addresses since November 2022. The increased accumulation among large holders comes amid relatively weak price performance for XRP. Despite ongoing acquisitions from these influential wallets, the Ripple-associated cryptocurrency has struggled to stage a decisive recovery and continues to trade near $1.30.

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