XRP Whale Count Hits An All-Time High Amid Market Turmoil

XRP is showing renewed strength after weeks of steep declines, emerging as the day’s top performer among major cryptocurrencies.

According to BeInCrypto data, the token climbed more than 4% in the past 24 hours to trade near $2.38, rebounding from a $2.25 low on October 17. Notably, this was its weakest price level since early July.

Blockchain analytics firm Santiment reported that XRP’s recovery coincided with a sharp rise in mid- to large-sized holders.

According to the firm, the number of wallets holding at least 10,000 XRP has reached an all-time high of roughly 317,500. This increase suggests that investors used the recent pullback to accumulate rather than exit.