XRP’s largest holders have amassed their biggest combined position in nearly eight years, while a prominent analyst maps out a long-term strategy that could turn a modest XRP investment into a seven-figure retirement portfolio. On-chain data and market structure suggest conviction among major XRP investors is strengthening despite recent price consolidation.
Whale wallets reclaim 2018 highs. According to analytics firm Santiment, addresses holding at least 10 million XRP now control 45.83 billion tokens—valued at roughly $68.5 billion based on the $1.50 price level. That represents 68.5% of XRP’s total supply, the highest concentration since May 2018. “XRP is teasing a $1.50 market value, and whale wallets are leading the charge,” Santiment noted. The firm highlighted that this accumulation has persisted through sideways price action and broader market volatility.
Mid-tier wallets also at record levels. A separate May 13 update revealed that the number of wallets holding at least 10,000 XRP reached an all-time high of 332,230, extending a growth trend that started in June 2024. Santiment views the rise in such mid-to-large wallets as a signal of “increasing conviction from investors who are less focused on short-term price swings.” A brief dip of over 4,500 wallets on February 6–8 coincided with the broader crypto crash, but the count quickly recovered and surpassed previous highs.
Analyst maps two paths to $1 million. Zach Rector analyzed a hypothetical 10,000 XRP position purchased at $1.44 (a $14,400 investment). In his conservative timeline, XRP reaches $10 in 2026, $50 by 2029, and $100 by 2033–2034, yielding a $1 million portfolio after about a decade. An aggressive scenario compresses the same price milestones into just three years: $10 this year, $50 by 2027, and $100 by 2029. Rector emphasized that reaching $100 isn’t a signal to sell, but to borrow against the position. “Using XRP as collateral at 40–50% loan-to-value ratios, holders could access $400,000–$500,000 in liquidity without triggering a taxable event,” he explained, allowing the capital to be reinvested into income-generating assets.
Technical crossroads at $1.50. The whale accumulation data arrives as XRP tests the $1.50 mark, which coincides with the upper boundary of a multi-month consolidation range. Analyst Cheds Trading called the move an “XRP bounce into range peak on daily,” indicating that a decisive break above could shift the near-term structure. Failure, however, would enforce the range that has capped the token since the sharp sell-off earlier in the year. At press time, XRP traded at $1.469.
