XRP is trading near the $2 level, but something bigger than daily price movement is happening behind the scenes. Data from the XRP Ledger shows a sharp rise in the number of wallets holding XRP, suggesting many holders are choosing to move tokens off exchanges and keep them in private custody.
XRP Supply Quietly Moves Off Exchanges
Over the past few days, XRP has been leaving public exchanges at a pace not seen in several years. When tokens move off exchanges, they are usually less likely to be sold quickly. This does not guarantee higher prices, but it does reduce the amount of XRP readily available for trading.
At the same time, volatility in the broader crypto market has remained high.
25,000 Wallets Join Higher Holding Tiers
One of the most noticeable changes is the jump in higher-balance wallets. As reported by an analyst, in just 48 hours, more than 25,000 new XRP addresses moved into higher holding tiers, levels often tracked as part of the “rich list.” This marks one of the strongest accumulation periods since the 2021 bull market.
These new wallets are not limited to one group. They include smaller holders increasing their positions, mid-sized investors adding more XRP, and larger holders continuing to build. Together, they represent a growing portion of the circulating supply that is no longer sitting on exchange order books.
Wallet Growth Passes 7.5 Million
The total number of XRP wallets has now crossed 7.5 million, a milestone reached earlier than many expected in 2026. A larger wallet base generally means ownership is spread across more participants, which can reduce the impact of sudden large sell-offs by a small number of holders.
With millions of wallets holding XRP, price movements increasingly depend on broad market behavior rather than single large transactions.
What It Takes to Be a Top XRP Holder Has Changed
As the price has moved above $2, the entry point for higher holder tiers has risen. Current data shows that:
- The top 10% of XRP holders now hold roughly 2,350 XRP or more
- The top 1% tier begins near 50,000 XRP
Why the $2 Level Matters
XRP’s ability to hold above $2 has become an important reference point. On-chain and exchange data shows strong buying interest between roughly $1.95 and $2.05, creating a zone where demand has repeatedly appeared.
With more XRP held across millions of wallets and less supply sitting on exchanges, it now takes more sustained selling pressure to push prices lower than in previous cycles.
This does not remove risk. Crypto prices can still move quickly in either direction. But the structure of XRP ownership in early 2026 looks different from past cycles, with more participants holding and fewer tokens immediately available to sell.
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