Millionaires control 75% of XRP supply

Anand Sinha

Tue, June 16, 2026 astatine 8:30 AM CDT 1 min read

As the quality of the bid woody betwixt the United States and Iran circulated, the crypto marketplace headdress roseate much than 2% successful the past 24 hours to scope $2.36 trillion.

During the aforesaid period, XRP has surged 13% to deed arsenic precocious arsenic $1.28 connected June 15.

Related: Morgan Stanley enforcement sends beardown prediction connected Bitcoin

As per the onchain investigation level Santiment Intelligence, XRP has reclaimed the $1.28 level for the archetypal clip successful 2 weeks.

Traders person reacted positively to the Iran solution report, removing a large root of uncertainty that had pressured hazard assets. Notably, capitalist sentiment had past week dropped to its lowest level since October 2025.

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Millionaire wallets clasp 74.1% of XRP proviso

Santiment Intelligence disclosed that, arsenic per its onchain data, wallets holding astatine slightest 1 cardinal XRP tokens present clasp 74.1% of its full supply. Millionaire traders person accumulated an further 1.53 cardinal XRP tokens successful the past six months.

"XRP continues to payment from beardown enactment among its largest holders."

XRP traders are intimately watching Ripple's expanding organization outgo web and increasing tokenization initiatives connected the XRP Ledger, Santiment Intelligence said. These components person helped support semipermanent assurance contempt caller terms weakness, the level added.

Santiment Intelligence said improving macro conditions, coupled with steady whale accumulation, could pb to similarly sharp recoveries much quickly.

Related: XRP sentiment drops to worst level successful 8 months

This communicative was primitively published by TheStreet connected Jun 16, 2026, wherever it archetypal appeared successful the MARKETS section. Add TheStreet arsenic a Preferred Source by clicking here.