XRP Whale Wallets Reach 2,147, Highest Count of 2026

Whale Wallets Expand While Price Lags

The count of XRP wallets holding at least one million tokens has reached 2,147, the highest level of 2026, according to a November 3 post from blockchain analytics firm Santiment. The XRP price stayed under pressure across the same window, and the firm reads the split between expanding balances and a soft tape as evidence that large holders are accumulating, while cautioning that stronger confirmation requires a sustained recovery in price. Its whale wallet growth post tracks the number of addresses crossing the minimum balance threshold while prices weaken. The series is built by grouping distinct addresses into balance bands: the tally rises when an account's balance moves above one million XRP and falls when it drops below, so it measures balance-band membership rather than wallet creation.

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Whale wallet growth post.

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The pace of growth stands out. The cohort added 28 wallets over the past ten days, and 18 of those arrived in the final three days, close to two-thirds of the total increase. Nearly two-thirds of the fresh addresses landing within roughly 72 hours is a concentration the August episode, spread across about three months, did not show. Santiment interprets the acceleration as accumulation by large positions, on the reasoning that whales typically operate on longer horizons than short-term traders. The XRP whale cohort showed a similar split in August, when 32 wallets joined across three months even as the token's market cap fell 29 percent. The newest reading covers a shorter span and nets out faster. The so-called millionaire band refers to token balances, not dollar value: each qualifying address holds a minimum of one million XRP.

Why Addresses Are Not Investors

An address count measures balances, not buyers. Santiment's holder-distribution approach defines holder count as the number of distinct addresses inside a balance band, so a rising tally does not by itself prove new wallets were opened or that purchases actually executed; the figure only moves when an account crosses the one million XRP line in either direction. Trading volume and net inflows sit on separate series altogether, and the address tally alone cannot produce the group's total holdings change or the size of executed buys. It also cannot be read as an investor headcount. The XRP Ledger's own account documentation notes that exchanges may hold many customers' tokens in a small number of shared accounts, so 2,147 qualifying addresses does not translate into 2,147 individuals, and for a large-cap altcoin the gap between addresses and people is a recurring source of over-reading.

Transaction metrics describe different activity. In September, when XRP traded above $1.60, the same firm logged 1,917 large XRP transfers, a series measured over a $1 transaction-value threshold rather than by balance. Account creation runs on its own clock as well: 7,934 new XRP wallets were created on November 1, the sixth-highest daily figure of 2026, and that count spans every balance size. Earlier creation spikes had been tied to a shift toward self-custody after the Binance security breach, with some users moving balances into a hardware wallet. An earlier address-growth episode, an 84.18 percent rise in active addresses over 11 days, likewise counted transaction participation rather than holder expansion.

What Would Confirm the Accumulation

COINOTAG's reading: the address trend is directionally constructive but stays conditional until price confirms it. Santiment frames the test directly: a hold between $1.20 and $1.25 alongside more than 2,140 qualifying wallets keeps the structure positive, and reclaiming the psychological $1.30 level, then $1.40, while large wallets keep growing, would confirm that advances are backed by accumulation. Pairing two series on one chart does not make one the cause of the other, so the wallet count is corroboration in waiting rather than proof. Development continues regardless: the fixCleanup3_4_0 amendment activates on the XRP Ledger on November 4 with 33 of 35 validators, while our dedicated XRP technical analysis follows the nearer-term picture, including the $1.24 support test that will help decide whether the correction deepens. Readers positioning around these levels can start with our walkthrough of how to buy XRP.