XRP accumulation has increased over the past two weeks, with whale wallets reaching a multi-year high and on-chain buying accelerating while other crypto declines. A Moscow Exchange change allows Russian institutions to obtain XRP exposure on the same exchange used for stocks and bonds, avoiding foreign exchange steps, currency conversion, and infrastructure risk tied to holding crypto outside Russian regulatory protection. Whale wallets holding 10 million XRP or more now control about 68.5% of circulating supply, the highest concentration since 2018, and added 1.2 billion XRP in the first quarter of 2026. New wallet creation spiked on May 20, and large exchange outflows from Binance suggest long-term positioning. Santiment links accumulation during extreme fear to setups that historically precede strong rebounds.
"Before this, a Russian institution that wanted XRP exposure had to go through a foreign exchange, deal with currency conversion, and carry the infrastructure risk of holding crypto outside Russian regulatory protection. After May 14, they can get the same exposure on the same exchange they already use for stocks and bonds."
"Whale wallets holding 10 million XRP or more now control around 68.5% of the circulating supply, which is the heaviest concentration of XRP in big hands since 2018. That same tier added 1.2 billion XRP in the first quarter of 2026 alone, the biggest quarterly accumulation since 2023."
"On May 20, the network saw 4,300 new wallets created in a single day, the fourth-largest daily spike of the year. Over the past week, whales added another 71 million tokens. And more than half of all the XRP leaving Binance recently has come in transfers above one million coins, exchange outflows of a size that usually signals long-term positioning by major holders."
"Santiment also mentioned that patient buyers tend to accumulate during extreme fear rather than chase momentum, and the firm called the current setup one of the rare extremes that have historically come right before strong rebounds. This means that big holders aren't waiting for the all-clear, and they aren't waiting for a confirmed bottom. They're adding through the drawdown, which is exactly"
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]