The number of XRP Ledger wallets holding at least 10,000 XRP has reached an all-time high of 332,230.
This extends a steady growth trend that began in June 2024.
The continued rise in the number of XRP Ledger wallets holding at least 10,000 XRP is a significant long-term indicator, suggesting that large holders of the coin have continued to accumulate even during periods of volatility and uncertainty.
Historically, a rise in the number of mid- and large wallets indicates growing investor confidence, with investors focusing less on short-term price fluctuations and more on long-term investments.
This is particularly noteworthy given that XRP spent most of 2026 trading below its previous highs, suggesting that many holders are willing to accumulate during periods of fear rather than simply following market momentum.
As for the sharp drop of over 4,500 wallets out of more than 10,000 between February 6th and 8th, there doesn't appear to be a confirmed XRP-specific event directly linked to it.
However, the timing strongly suggests a connection to the cryptocurrency market crash and liquidations that occurred on February 5th, which have since been outpaced by wallet growth.