Large XRP Whales Boost Holdings to All-Time High of 11.33 Billion Tokens

XRP whales holding between 10 million and 100 million tokens have now increased their cumulative balance to the highest level in XRP’s history.

Specifically, these addresses recently raised their balance to 11.33 billion XRP, worth more than $15 billion at press time despite the ongoing market downturn. The latest milestone indicates that large whales have leveraged the downtrend as a golden buying opportunity despite panic among retail investors.

Key Points

• XRP whales holding between 10 million and 100 million tokens have increased their balance to 11.3 billion XRP.
• This marks their highest cumulative balance in history amid an ongoing accumulation campaign.
• The accumulation push picked up in August 2025 after XRP’s price dropped from the July 2025 peak.
• Lower-tier whales with 100,000 to 1 million XRP have seen their share of XRP supply drop from 10.29% to 9.53% since July 2025.

XRP’s Price Struggles

The recent accumulation campaign comes as XRP continues to witness persistent price struggles alongside the rest of the crypto market. Specifically, since the crash from the all-time high of $3.6 in July 2025, it has been downhill for XRP, as the broader market witnesses constant weakness.

After a mild 2.5% rebound in September 2025, XRP has recorded consistent monthly declines, now on track to witness its seventh consecutive monthly loss for the first time since 2014. Currently trading for $1.33, XRP has crashed 63% from the $3.6 peak, down 27.46% this year alone. 

XRP Whales Accumulating 

Interestingly, the recent accumulation trend among these large whales picked up pace after XRP dropped from the $3.6 peak. Notably, these wallets distributed their tokens from late July to early August, as their cumulative balance dropped from 8.21 billion XRP to 7.58 billion XRP within this period.

From mid-August, the accumulation began. These XRP whales increased their balance from 7.58 billion XRP in August 2025 to 11.12 billion XRP by December 2025, indicating that they accumulated 3.54 billion tokens within four months. During this period, XRP’s price crashed from $3 to $1.83, marking a 39% drop.

After reaching 11.12 billion XRP in cumulative holdings last December, the accumulation trend slowed, with their balance dropping to 11 billion tokens in late February 2026 before recently picking up again. Today, these XRP whales currently hold 11.33 billion XRP tokens. This represents their largest ever combined balance in history.

Smaller XRP Whales Distributing 

While large whales consistently bought the dip, smaller XRP whales appear to be distributing. Notably, sharks and whales holding between 100,000 and 1 million XRP have constantly reduced their holdings amid the ongoing downtrend. 

This tier of investors held a balance of 6.64 billion XRP in September 2025. Today, the figure has dropped to 6.34 billion, indicating that they have distributed or sold off 300 million XRP tokens during the downturn. 

However, the distribution pattern among these smaller whales started playing out long before the recent downtrend began, particularly in November 2024, when they held as much as 6.81 billion XRP. It’s been downhill since then. As a result, their share of XRP supply has dropped from 11.03% in November 2024 to 9.549% today.