XRP wallets holding at least 10,000 coins have reached a new all-time high of 332,230, according to blockchain analytics platform Santiment. This milestone occurs despite XRP's price decline of over 20% this year amid a weak crypto market. The largest growth was seen in wallets holding between 10,000 and 100,000 XRP, which increased to 300,260 holders.
The rise in larger XRP wallets is seen as a sign of strong investor confidence, with whale wallets adding 920 million XRP, raising their combined holdings to 11.79 billion XRP. Despite a temporary drop in wallet numbers in early February due to a broader market crash, the number of wallets has since recovered and surpassed previous levels.
XRP Wallets Holding 10K+ Coins Reach Record 332,230
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