XRP Mid-Tier Wallets Smash All-Time Records as ‘Holders Appear Willing to Accumulate During Fear,’ Says Santiment

Record numbers of mid-tier investors are piling into XRP (XRP-USD) on Wednesday, even though the token remains down significantly for the year.

While the price of the token has struggled to find its footing this year, the people holding it are more confident than ever. Data shows that the number of wallets holding 10,000 or more XRP tokens has reached a new peak of 332,230. This growth is a huge signal that individual investors and small funds are choosing to buy more during a slow market rather than selling off their holdings.

XRP Wallets Hit a New Peak

The number of mid-tier wallets has been climbing steadily since June 2024, reaching a total that the market has never seen before. Analysts from Santiment point out that this specific group of holders is usually less worried about small price changes. The firm noted that “This is especially notable because XRP has spent much of 2026 trading below previous highs, meaning many holders appear willing to accumulate during fear rather than chase momentum.”

This trend suggests that a large group of people believes the long-term value of the token is much higher than the current market price.

Investors Ignore the Year-Long XRP Price Slump

Even with XRP’s small 7.7% recovery since late February, the token is still down 20.7% since the start of the year. Most of 2026 has been defined by short jumps in price followed by quick pullbacks. Despite these challenges, the people who hold between 10,000 and 100,000 tokens have largely refused to sell.

While the market saw a sharp drop in wallet counts during a broader crypto crash in early February, the numbers bounced back almost immediately, showing that the conviction of these buyers is very hard to shake.

Conviction Buyers Absorb the Available XRP Supply

This steady growth in wallet numbers is a quiet form of accumulation that often happens before a major price move. These investors sit right above the casual retail traders but below the massive institutional whales. When this group buys in such large numbers, they effectively take tokens out of the active market, which tightens the available supply.

This situation is exactly what usually precedes larger market moves, as the XRP supply becomes thinner and the buyers show they are ready to weather any storm.

At the time of writing, XRP’s price is sitting at $1.4347.