thecryptobasic.com
Data from the updated $XRP rich list indicates that large $XRP whales have amassed nearly $8 billion worth of $XRP in the past three months.
While others have dumped their holdings amid the market struggles over the past few months, large $XRP whales appear to be accumulating more tokens in what seems like an elaborate “buy-the-dip” campaign.
Whales Accumulating Despite Sour Sentiments
Notably, after reaching the all-time high of $3.66 in July 2025, the $XRP price dropped considerably in the weeks that followed, with bearish pressure extending these losses for three months. Specifically, $XRP has been seeing lower highs since mid-July, with the current price of $1.92 representing a 47.5% decline from the $3.66 peak.
Amid this downtrend, market sentiment has turned sour, but on-chain data shows a different trend. Notably, data from the community-driven $XRP rich list platform indicates that most investors have instead been accumulating more $XRP tokens during the dip, with large whales leading the charge.
$XRP Whales Amass 4B $XRP in 3 Months
Specifically, whales holding between 20 million and 500 million $XRP tokens have persistently increased their balances since late August. For context, when The Crypto Basic reported on the $XRP rich list on Aug. 21, these addresses held a combined 17.378 billion $XRP tokens worth $50.39 billion at the time. These investors held over 28% of the circulating $XRP supply then.
Notably, during this period, there were 159 addresses holding between 20 million and 100 million $XRP, with a balance of 6.315 billion $XRP. Meanwhile, the ledger had 55 addresses holding between 100 million and 500 million $XRP, with a balance of 11.063 billion $XRP.
Today, the balances of these whales have surged. Specifically, there are now 215 addresses holding between 20 million and 100 million $XRP, with their balance surging to 10.021 billion $XRP. Interestingly, this represents an increase of 3.706 billion $XRP worth $7.11 billion at the current price of $1.92.
Moreover, while the number of addresses holding 100 million to 500 million $XRP has remained the same, their balance has since increased to 11.385 billion $XRP, representing an increase of 364 million $XRP tokens or $698 million at current rates since Aug. 21.
Overall, both tiers of whale addresses have accumulated a combined 4.07 billion $XRP tokens, currently valued at $7.81 billion over the past three months. These addresses now hold a combined 21.406 billion $XRP, representing 35.5% of the circulating $XRP supply.
$XRP Accumulation Across Multiple Address Tiers
Interestingly, besides these whale addresses, data confirms that smaller holders have also increased their balances since Aug. 21. For instance, those holding 20 to 500 $XRP tokens have increased their bag from 210 million to 215 million $XRP. Meanwhile, investors with 1,000 to 5,000 $XRP have added nearly 7 million $XRP.
This accumulation trend cuts across multiple address tiers, especially those ranging from 5,000 to 100,000 $XRP. Specifically, investors with 10,000 to 25,000 $XRP have added over 113 million $XRP in the last three months. This indicates a “buy-the-dip” pattern among $XRP investors amid the current price struggles.
Nonetheless, the pattern turns bearish when considering other large holders. Notably, investors holding between 500 million and 1 billion $XRP have dumped over 2.1 billion $XRP tokens since Aug. 21. Meanwhile, those holding 1 billion $XRP and above have added more than 1.5 billion tokens within this period.