XRP Bucks Bearish Market Mood With Nearly 8,000 New Wallets in One Day — But There’s a Catch

Santiment data showed that 7,934 new wallets were created on the XRP Ledger on Sunday, Nov. 1, the sixth-highest daily total of 2026. Santiment linked the spike partly to the Oct. 29 Binance security incident, which reportedly stole $6.3 billion in assets, including 233 million XRP worth about $296 million, potentially prompting holders to move assets into self-custody, where they control private keys. The FBI attributed the breach to North Korean hackers operating as TraderTraitor, while Kim Yo Jong rejected the accusation as a grave political provocation. XRP traded at $1.27, up 1.9 percent for the day, and Santiment noted that wallet creation alone does not show that new investors entered the market.