"The XRP whale accumulation trend is intensifying even as XRP ( ) trades near $1.90 after a volatile January. XRP prices swung from $1.84 to $2.40 in early January and then back down by late January. But beneath the surface, on-chain data shows a widening split between XRP whale buying and retail fear. Large holders have quietly added over $710 million worth of XRP this month, even as the token sits 4% below where it started the year."
"On-chain analytics confirm an unusual buying spree by XRP's largest holders since the start of 2026. According to Santiment data from January 29, whales holding between 1 million and 100 million XRP have accumulated 380 million tokens for the month, worth $710 million at current prices. Their cumulative balance grew from 14.54 billion XRP at the start of January to 14.92 billion."
"On January 11 alone, accumulation reached 242.7 million XRP. This bulk buying came without obvious news catalysts, suggesting conviction-based positioning rather than hype-driven activity. The return of "millionaire wallets" reinforces this signal. XRP addresses holding 1 million or more tokens are rising for the first time since September 2025. A net of 42 millionaire wallets have returned to the ledger since January 1, reversing a sharp Q4 2025 decline when 784 millionaire wallets exited-showing that large holders are now actively rebuilding positions."
Large XRP holders accumulated strongly in January, adding roughly 380 million tokens—about $710 million at current prices—raising whale balances from 14.54 billion to 14.92 billion XRP. Major accumulation spikes occurred January 9–11, with January 11 alone seeing 242.7 million XRP added, and those buys lacked clear news catalysts. Addresses holding one million or more XRP increased, with a net return of 42 millionaire wallets since January 1, reversing a Q4 2025 exodus. Retail sentiment turned very bearish after a near-20% drop from the January 6 peak, leaving prices near $1.90 and about 4% below the year start. The divergence between whale accumulation and retail selling presents scenarios of either a contrarian rebound toward $3 or continued averaging into a downtrend depending on on-chain flows and market momentum.
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