XRP millionaire wallets rebound with first uptick since September

This article was first published on The Bit Journal.

XRP has opened 2026 with more grind than fireworks, hovering near $1.90 in spot markets lately after a choppy January that kept investors quick to de-risk and cautious to return. In that kind of market, XRP millionaire wallets turning higher can be an early clue that larger holders are getting comfortable again for many traders.

XRP millionaire wallets post first increase since September

On-chain analytics firm Santiment reported a net gain of 42 addresses holding at least 1,000,000 XRP, the first positive change in this bucket since September. At current prices, that threshold is roughly $1,900,000, so these balances usually reflect a deliberate decision, not a casual trade. Santiment also said XRP is down about 4% since the start of 2026, which means the wallet growth is showing up before sustained price momentum has returned.

Traders track XRP millionaire wallets because the count tends to move when big-holder behavior shifts. Rising totals can point to accumulation, stricter custody practices, or coins moving into longer-term storage. None of that promises an immediate rally, but it often fits a market that is stabilizing rather than bleeding out.

How to read the signal without getting carried away

A wallet is not a person, and one entity can control many addresses. That is why XRP millionaire wallets should be treated like a temperature check, not a verdict. Growth can come from fresh buying, but it can also come from a large holder splitting funds across multiple addresses, or moving coins between custodians, especially after volatile weeks.

Key indicators

Analysts usually pair large-balance address trends with network activity and liquidity. Recent market monitoring has pointed to around 45,000 active addresses on the XRP Ledger on certain days, down from roughly 51,600 earlier in January, which hints that participation can still ebb even when whales appear steadier.

At the same time, decentralized exchange activity has been improving: CryptoQuant recently flagged the 14-day moving average of XRPL DEX transaction count at about 1.014 million, breaking above a ceiling that had held since early 2025, suggesting order flow on the ledger has been building more steadily than spot price action implies.

Macro crosscurrents remain part of the backdrop. Late-January trading has been sensitive to U.S. dollar moves and Federal Reserve messaging, and major coins have bounced as the dollar softened. In that setting, the return of XRP millionaire wallets is more interesting than it would be during a straightforward risk-on surge, because it suggests positioning is improving even while headlines keep testing conviction.

Conclusion

The latest move in XRP millionaire wallets is not a victory lap, but it is a clear change in direction after months of stagnation. If the count continues rising and other measures like activity and exchange-held supply do not deteriorate, the signal starts to look like genuine accumulation. If not, it may still be simple housekeeping, yet housekeeping often happens when confidence is rebuilding.

Frequently Asked Questions (FAQs)

What are XRP millionaire wallets?
XRP millionaire wallets are addresses that hold at least 1,000,000 XRP.

Does this metric predict price?
No. Large-balance addresses can rise during flat markets, and the price still depends on demand, liquidity, and macro conditions.

Why might the count rise without new buyers?
Large holders sometimes reorganize custody, split funds across wallets, or move coins off exchanges into storage.

Glossary

Active addresses: distinct addresses sending or receiving XRP during a set period.

Exchange balance: XRP held on trading venues, used as a proxy for near-term sell availability.

DEX transaction count: the number of decentralized exchange order-related transactions recorded on the ledger.

On-chain data: blockchain-derived information such as balances, transactions, and address behavior.

References

Sanbase

TMGM

Barron’s

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