XRP Whales Add 65.32 Million Tokens as Price Nears $1

• Large wallets added nearly $72 million worth of XRP while the token traded close to $1.05.
• Bitcoin and Ethereum whale balances fell, but the data do not show where those funds went.
• Santiment sees a possible recovery to $1.10–$1.15 if XRP holds $1 and Bitcoin stabilizes.

XRP whales added 65.32 million tokens in four days as the price approached $1.05, according to Santiment data shared by analyst Ali Martinez. At roughly $1.10 per token, the increase was worth nearly $72 million. Large Bitcoin and Ethereum wallets moved in the opposite direction, though the figures cover a longer period and do not identify the investors involved. 

XRP whales added tokens as large Bitcoin balances fell

The four-day gain among XRP whales came during a rough week for Bitcoin. As Bitcoin fell from $79,000 to below $73,000, large addresses held over 34,000 fewer BTC, worth about $2.6 billion. Large Ethereum addresses shed roughly 17,800 ETH, valued at $40 million. 

The Bitcoin decline alone was about 36 times the dollar value of the XRP increase. More importantly, the charts track changes in wallet balances. They do not trace proceeds from Bitcoin or Ethereum sales to the addresses that added XRP. 

Santiment’s wallet count chart measures something different: how many addresses hold at least 10,000 tokens. By November 11, roughly 343,500 qualified, up 16,815 in nine months. One holder can control several addresses, so that increase does not necessarily represent 16,815 new investors. 

What needs to happen for XRP to recover toward $1.15

XRP whales accumulated during a sell-off that had already cut the token’s price by roughly 30% in seven weeks. The four-day increase in their holdings had yet to establish a price floor. Santiment identified $1 as the level to watch. 

Santiment’s recovery scenario has three conditions: XRP holds $1, the large-wallet count keeps growing, and Bitcoin stabilizes. Under those conditions, the firm sees room for a move toward $1.10–$1.15. 

In a separate market outlook, analyst Crypto Patel put the risk below $1 in sharper terms. Patel estimated that a confirmed break could bring another 30%–40% decline, even while maintaining a longer-term target above $10.

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