18 New XRP Millionaires Emerge in 72 Hours: Does It Signal a Price Bottom?

The current decline in XRP's market value has not led to loss-taking by large stakeholders — on the contrary, a phase of aggressive accumulation has unfolded in the market. According to data from the analytical platform Santiment , an absolute record for the current year has been set on the XRP Ledger network: 2,147 wallets now hold a balance of 1 million tokens or more. The main inflow of capital came during the price correction period, when the asset's market price dropped to the $1.27 mark. The main activity of large capital unfolded at the end of October.