What to know:
- According to Ali Martinez, XRP whales accumulated 70 million tokens while Santiment data showed rising holdings throughout the week.
- Whale balances peaked near 3.83 billion XRP before easing modestly, preserving strong net weekly accumulation among major investors.
- Large wallet accumulation worth roughly $77 million highlighted sustained interest despite a minor end-period pullback in whale holdings.
Large XRP holders accumulated another 70 million tokens over the past week, signaling renewed buying activity among the network’s biggest investors. According to crypto analyst Ali Martinez, Santiment data shows whale-controlled wallets increased their combined holdings to nearly 3.83 billion XRP, reaching the highest level recorded during the observed period.
Martinez shared the update on X alongside an on-chain chart tracking whale balances between July 10 and July 15. The data revealed steady accumulation across several days before a slight decline on the final session. Even with that modest pullback, whales finished the week holding considerably more XRP than they did at the beginning.
Large wallet movements often attract market attention because they can reveal how influential investors position themselves. Moreover, sustained accumulation may reflect growing confidence in XRP despite mixed market conditions.
Santiment Data Reveals Consistent Whale Accumulation
According to the Santiment chart shared by Martinez, whale wallets held approximately 3.76 billion XRP on July 10. Holdings remained relatively stable during the following session before beginning a steady climb over the next several days.
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Moreover, balances rose to around 3.79 billion XRP by July 12 and maintained that level through July 13. Buying activity then lifted whale holdings to roughly 3.83 billion XRP on July 14, marking the highest point shown on the chart.
Although holdings slipped slightly to about 3.82 billion XRP on July 15, the decline represented only a small portion of the week’s gains. Overall, whale wallets still added approximately 70 million XRP, matching Martinez’s assessment.
At XRP’s market price near $1.10, those purchases equal roughly $77 million worth of the cryptocurrency. Such accumulation highlights activity from large investors rather than retail traders.
According to Ali Martinez, XRP whales accumulated approximately 70 million tokens during the week, while Santiment data showed their combined holdings rising from about 3.76 billion XRP to a peak near 3.83 billion XRP. Despite a minor pullback on the final day, the overall trend reflected sustained net accumulation by the network’s largest holders.
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