XRP Whales Reach Highest Supply Share in 4 Years; Can Price Reclaim $3 Level?

On Tuesday, crypto analytics platform Santiment reported that wallets holding at least 10 million XRP controlled 46.87 billion tokens, about 68.5% of the cryptocurrency’s supply and the largest share since November 2022, while XRP traded near $1.31. The report followed an earlier warning from analyst Ali Martinez, who cited a decline in wallets holding between 10 million and 100 million XRP from 351 to 339 since November 2022 and a rise in exchange balances from 11.003 billion to about 11.05 billion tokens. Santiment said large holders had continued increasing exposure despite recent price weakness, with $1.30 identified as an immediate pivot level.