XRP Whales Have Bought $710M Worth of XRP This Month

XRP whales holding between 1 million and 100 million tokens have accumulated $710 million worth of XRP tokens in January 2026.

This comes amid what seems like an elaborate “buy-the-dip” campaign following the price correction from the Jan. 6 peak of $2.41. For context, after recovering from a bearish Q4 2025, which led to a 35% drawdown, XRP faced intense pressure around $2.41, eventually pulling back below the $2 level.

Notably, XRP whales holding 1 million to 100 million coins initially sold off parts of their bag a day after the drop. However, these investors have since begun capitalizing on the extended downturn, adding 380 million XRP tokens currently worth $710 million to their cumulative balance since the start of the month.

Key Points

• XRP has continued to face downward pressure after pulling back from the $2.41 peak on Jan. 6.
• XRP whales holding 1 million to 100 million tokens initially reacted negatively to the Jan. 6 drop, but have since begun adding to their balance.
• These whales held a cumulative balance of 14.54 billion XRP at the start of the month, which has now increased to 14.92 billion, an addition of 380 million XRP.
• Besides whales, retail investors holding between 1,000 and 100,000 XRP have also amassed $112 million in XRP this month.
• An accumulation trend among retail and whale investors during downturns demonstrates confidence, potentially holding off further declines.

XRP Whales React to Initial Price Drop

Data from market intelligence resource Santiment confirms this ongoing trend, which has persisted even as XRP spends weeks below the psychologically important $2 area. However, the accumulation push comes after they had responded adversely to the initial drop from $2.41.

Specifically, at the start of January 2026, XRP whales holding between 1 million and 100 million tokens had a balance of 14.54 billion XRP. Of this total, those with balances ranging from 1 million to 10 million tokens held 3.57 billion XRP, while the larger whales with 10 million to 100 million tokens had a balance of 10.97 billion.

These investors increased their cumulative balance to 14.72 billion by Jan. 6 amid XRP’s upsurge from $1.84 on Jan. 1 to $2.41 five days later. However, as XRP collapsed from the $2.41 peak, their holdings returned to 14.54 billion XRP, marking the balance they began the year with.

An Accumulation Spree Emerges

Interestingly, as XRP’s downturn persisted over the following days, these XRP whales responded with an accumulation push, increasing their balance by 380 million XRP to the current total of 14.92 billion tokens. At the current price of $1.87, the 380 million XRP holds a worth of $710 million. 

Notably, the whales holding 10 million to 100 million XRP contributed more to this balance increase, having amassed 220 million tokens since the start of the month. Meanwhile, those with 1 million to 10 million have accumulated 160 million XRP within the same period. 

Retail Investors Joining the Campaign

Further Santiment data confirms that retail investors have also persistently accumulated XRP this month, but at a much lower scale. Specifically, investors holding between 1,000 and 100,000 XRP have increased their cumulative balance from 10.48 billion XRP at the start of the month to 10.54 billion tokens, an addition of 60 million XRP worth $112 million.

When whale and retail investors sustain an accumulation trend during downturns, it often suggests growing confidence in the market despite the price struggles. Moreover, such an accumulation spree could bolster XRP’s position around critical support levels, providing a cushion against steeper declines.