Ah, the old XRP dance-where the wallets shrink, but the riches grow! 🎩✨ Santiment, that paragon of blockchain wisdom, reveals a tale of two trends: some wallets vanish like confetti at a party, while others hoard XRP like it’s the last slice of cake. A mixed bag of chaos, darling!
The group of wallets holding at least 100M XRP has shrunk-shock horror! Yet, the remaining wallets have reached a multi-year peak. It’s like a game of musical chairs, but with more crypto and fewer chairs. 🕹️💸
Large XRP Wallets Shrink Over 20%
According to Santiment, the number of 100M+ XRP wallets fell by 20.6%-a 569-wallet exodus. It’s as if the crypto elite decided to take a holiday, leaving their coins behind like a poorly-timed “see you later.” 🧙♂️
The chart, a masterpiece of on-chain drama, shows a steady rise until October 2025-then a dramatic cliffhanger. Who knew blockchain could be so theatrical? 🎭
Price moves? A weaker phase for XRP, with candles showing consistent pressure. How thrilling! It’s like watching a soap opera, but with more decimal points. 📈😢
On-chain flows hint at consolidation among major addresses. Perhaps they’re merging their wallets to avoid the hassle of multiple passwords? A noble cause, if ever there was one. 🧩
The decline in wallet numbers may also reflect exits by some large holders who moved funds elsewhere. Meanwhile, the remaining wallets appear to have absorbed the liquidity left behind. A game of musical chairs, indeed. 🎶
Whale Holdings Climb to Seven-Year High
Santiment highlights a contrasting signal: the remaining 100M+ wallets now hold 48B XRP. A seven-year high! Because nothing says “I’m rich” like holding 48B XRP. 🤑 The top addresses are now more concentrated than a crowded subway at rush hour.
The rise in total holdings suggests that major holders who stayed in the group accumulated more XRP. It’s like a crypto version of “the rich get richer,” but with more hashtags. 📈
Santiment’s data shows a steady climb since late 2023. A testament to the resilience of the XRP elite, or perhaps just a very long nap. 🛌
The platform doesn’t offer price predictions, but XRP briefly dipped below $2.00. A temporary setback, no doubt, as the market enjoys a little drama. Now, if only the wallets could learn to behave themselves. 🤖
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2025-12-03 01:26