Large holders have been aggressively accumulating XRP (CRYPTO: XRP) even as XRP remains in a firm downtrend.

Whales Expand XRP Holdings

According to Santiment data, cited by TheCryptoBasic, while smaller shark addresses and some whales panic-sold around 2.87 billion XRP, the largest whales holding 10 million to 1 billion tokens accumulated 4.18 billion XRP during the downturn.

Tthese major holders now control 19.61 billion XRP, about 32% of the circulating supply, marking their highest combined balance on record.

Wallets holding 10–100 million XRP leading the accumulation by adding 2.88 billion XRP over the past six months.

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