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XRP Whales Add $60M: Mid-Tier Wallets Drive Fresh Accumulation Wave
⬤ XRP whale wallets have been on a buying spree lately, scooping up around $60 million worth of tokens over just a few days. On-chain tracking shows two main groups of big holders have been active: wallets carrying between 1 million and 10 million XRP, and the bigger fish holding 10 million to 100 million XRP. The pattern tracked from January 11 through January 19 tells an interesting story about who’s actually doing the heavy lifting.
⬤ The real action came from the mid-tier whales in the 1 million to 10 million range. Around January 14, their combined stash jumped from roughly 3.54 billion XRP to about 3.59 billion XRP in one sharp move. That’s one of the biggest single-day accumulation spikes this group has shown recently. What’s even more telling is what happened next: these wallets held onto their new XRP instead of dumping it back into the market, keeping balances steady after the initial surge.
⬤ Meanwhile, the mega-whales holding 10 million to 100 million XRP took a different approach. Their total holdings dipped slightly during the same window, sliding from around 11.19 billion XRP down to 11.17 billion before leveling off. The flat movement afterward points to consolidation rather than any serious selling pressure. The contrast is clear: mid-sized whales were the driving force behind that $60 million accumulation wave, while the bigger players mostly stayed put.
⬤ Why does this matter? When whales shift their holdings, it ripples through the market in a few ways. It affects how much XRP is floating around for regular trading and shapes what traders expect from short-term price swings. With mid-tier whales sitting on bigger stacks and the mega-holders keeping their positions stable, XRP’s on-chain movements are becoming a key indicator for reading how major players are setting up during this market cycle.