XRP whale accumulation is becoming a hot topic following the high point of the year 2026, where the number of wallets with at least one million tokens has reached its all-time high. As per the data provided by XRP Update, there are currently 2,147 such wallets that have been formed in just 10 days, as 28 new wallets have been created in that time period. Crypto analyst EGRAG CRYPTO has set some very ambitious goals for the XRP price, which include $8, $13, and $30.
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XRP Whale Wallets Reach Highest Level of 2026
According to the XRP Update, there are 2,147 wallets that contain at least one million XRP tokens. It is the highest number of million-token wallets seen in the year 2026, which indicates an important change in the ownership structure of the cryptocurrency.
However, the growth has been more noticeable in the last 10 days, whereby 28 more wallets joined the list in question. Interestingly enough, it should be highlighted that 18 wallets joined the list within the last 3 days, suggesting that the growth in large-balance addresses has gained momentum.
Source: XRP Update’s X Post
This is because the actions of whales could shed light on how investors position themselves amid unclear circumstances. However, the rising number of qualifying wallets cannot always be used to confirm new buys, as there are transactions from one wallet to another or from wallets to exchanges.
Also Read: XRP Price Holds Near $1.25 as Wallet Creation Surges After Binance Hack
XRP Whale Accumulation Gains Momentum
An increasing trend of million-XRP wallets is evident amid the watch by investors on whether big wallet holders are building up positions in the event of market weakness. This might signal that more investors with significant positions in tokens are showing an interest amid poor market performance.
These numbers show that it is also necessary to keep track of on-chain activities in addition to keeping an eye on the XRP price action. As long as the number of big wallets keeps growing and the token holds its key support levels, the accumulation story may get more traction.
However, wallet holdings alone would not suffice to show if these wallet holders are going to keep their stakes or distribute tokens. Exchange balances, transaction history, and general market demand will be crucial in assessing the importance of the trend.
XRP Price Faces Key Levels as Bulls Attempt Recovery
XRP’s pricing dynamics continue to form an integral element of the whole accumulation process. The key point for traders is that XRP should consolidate the achieved growth level and form solid technical support for making further progress.
The $1.20-$1.25 zone is still a key level to watch out for, while $1.65 is considered a critical resistance point in the analyst’s view. Breaking above resistance would help improve market sentiment, while breaking below support could add selling pressure on the market.
The connection between the whale-wallet growth rate and the price performance is another aspect that will prove crucial. Whale-addresses’ continued growth along with favorable market developments could provide a boost to the bull story. However, the bulls would have to see more confirmation from price action.
EGRAG CRYPTO Outlines $30 as XRP Price Target
A crypto expert named EGRAG CRYPTO has provided a bullish outlook for XRP over the long term and has outlined three targets at which XRP can reach, which are $8, $13, and $30. The analysis is based on the significance of positioning before market growth.
The technical viewpoint of the analyst places emphasis on two moving averages: the 33-month and 77-month moving averages. According to the analyst, the 33-month moving average is dynamic resistance, while the 77-month moving average is a major macro support level.
Furthermore, EGRAG brings out $1.65 as an essential breakout figure. According to him, a conclusive monthly closing price above this figure could improve the likelihood of a bigger bullish move.
However, these goals are mere conditional projections and not assured forecasts. The XRP coin will have to face stiff resistance, gain buying pressure, and keep its bullish technical formation intact before hitting these figures.
What Comes Next for XRP?
Whale accumulation is one of the key things to look out for in the coming period. It remains to be seen whether there will be further accumulation in million-XRP wallets and whether that correlates with increased market demand.
On the technical front, a sustenance of the $1.20-$1.25 support area could enable XRP to retain its short-term bullish formation. An approach towards the $1.65 level could highlight the breakout potential of EGRAG, though confirmation from a monthly close is still crucial.
Overall, the increasing number of wallets with millions of tokens of XRP is a good on-chain indicator for the coin. However, price growth will require wider market interest, whale participation, and breaking of significant resistance levels.
Also Read: XRP Price Hints at Strong Breakout as Bollinger Bands Narrow
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Usman Zafar is a News Desk writer at Tronweekly with over five years of experience in cryptocurrency and blockchain journalism. He covers Bitcoin, Ethereum, DeFi, crypto laws and regulation, market activity, Layer 2 scaling solutions, and blockchain-based innovations, focusing on fast-moving developments and official industry updates. Usman previously wrote for BTCread and follows strict verification and editing practices to ensure accurate, timely, and responsible crypto news for a global audience.
