Number of wallets with 1 million XRP is rising again

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Number of wallets with 1 million XRP is rising again On-chain data points to underlying demand for XRP as ETFs pull in over $90 million. By Omkar Godbole , Shaurya Malwa Jan 29, 2026, 6:53 a.m. Make us preferred on Google XRP millionaire wallets rise. (geralt/Pixabay) What to know : XRP has fallen about 4 percent so far this month, even as on-chain data point to strengthening underlying investor interest. U.S.-listed spot XRP ETFs have attracted a net $91.72 million in inflows this month, bucking the trend of sustained outflows from bitcoin ETFs. XRP's XRP $ 1.8882 price has fallen about 4% this month, starting the new year on a negative note. Yet on-chain data shows a positive trend underneath. The number of "millionaire" wallets, or those holding at least 1 million XRP, has increased for the first time since September 2025, according to data source Santiment. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . Their number rose by 42 this month to 2,016, ending four months of declines. XRP is the payments-focused cryptocurrency used by fintech company Ripple to facilitate cross-border transactions. "A net of +42 wallets with at least 1M XRP have returned to the ledger, an encouraging sign for the long-term," Santiment said on X. The good news for the XRP bulls doesn't end there. The U.S.-listed spot exchange-traded funds (ETFs) tied to XRP have registered a net inflow of $91.72 million this month. These funds amassed $666 million and $499 million in investor money in November and December respectively, according to data source SoSoValue. This trend starkly contrasts the decline in demand for bitcoin BTC $ 88,184.41 ETFs, which have processed redemptions worth $278 million this month, following over $4 billion in outflows in final two months of 2025. Still, XRP's price remains in a broad downtrend, as seen in the chart below. The cryptocurrency last traded at $1.88, down 1.7% on a 24-hour basis. XRP's daily price chart. (TradingView) The token has failed to reclaim its 50-day moving average this month, with rallies repeatedly fading near the $2 handle. That suggests larger holders may be positioning for a longer-term thesis rather than chasing near-term momentum. That divergence — rising large-holder balances and steady ETF inflows alongside weak price action — hints at quiet accumulation rather than speculative froth. Historically, similar setups in XRP have preceded periods of consolidation before sharper moves, though timing has varied widely. For now, XRP appears caught between longer-term positioning and short-term risk aversion. Without a broader pickup in crypto market momentum, particularly in bitcoin and ether, the token may struggle to convert improving fundamentals into sustained upside. XRP News More For You Pudgy Penguins: A New Blueprint for Tokenized Culture By CoinDesk Research Dec 30, 2025 Commissioned by Pudgy Penguins Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale. What to know : Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token. The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility. View Full Report More For You Bitcoin trader warns of downside as gold rally continues to pull focus from BTC By Shaurya Malwa 1 hour ago Crypto prices stabilized after an early-week dip, but bitcoin continued to trail gold and silver as macro trades dominated after the Fed’s policy hold. What to know : Bitcoin hovered around $88,000 after the Federal Reserve left interest rates unchanged, with trading subdued despite modest gains in ether, solana, BNB and dogecoin. 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