XRP Whale Concentration Hits 8-Year High at 68.5% as Token Surges Past $1.50

Key Highlights

Table of Contents

Major XRP holders now possess 68.5% of the token’s circulating supply, based on recent Santiment analytics.
Addresses containing a minimum of 10 million XRP collectively hold 45.83 billion tokens valued at approximately $68.5 billion.
The digital asset climbed beyond $1.50 following progress on the US CLARITY Act in the Senate Banking Committee.
Price appreciation exceeded 7% during a single trading session before retracing to approximately $1.46.
Investment products tracking XRP attracted $18.52 million in net daily inflows, with Bitwise and Canary Capital leading contributions.
Exchange data from Binance revealed the Estimated Leverage Ratio climbing to 0.179, representing a two-month peak.

Ripple’s native token pushed past the $1.50 threshold this Thursday as major stakeholders increased their positions alongside legislative developments in Washington. Analytics from Santiment revealed that addresses holding a minimum of 10 million XRP now possess 45.83 billion tokens with a market value around $68.5 billion. Market participants responded swiftly, driving the asset up more than 7% before consolidating near $1.46.

Large Holder Accumulation Accelerates Following Legislative Movement

According to Santiment’s latest analysis, the most substantial XRP wallets now command 68.5% of all tokens in circulation. Each qualifying address maintains at least 10 million XRP, collectively managing 45.83 billion units. The analytics platform noted this concentration represents the most significant level observed across eight years of data. Market observers closely monitored this accumulation trend as it coincided with regulatory developments affecting digital assets.

🐳📈 XRP is teasing a $1.50 market value, and whale wallets are leading the charge. Wallets with at least 10M $XRP now hold a combined 45.83B XRP tokens ($68.5B USD), the most they’ve held since May, 2018. This translates to 68.5% of the coin’s supply.
🔗 https://t.co/TAL8GCgjgE pic.twitter.com/m1HPySlViN
— Santiment Intelligence (@SantimentData) May 14, 2026

The Senate Banking Committee approved the Digital Asset Market Clarity Act on May 14 through a 15-9 margin. Congressional members moved the legislation forward after extended procedural delays spanning several months. Market response was immediate, with XRP advancing from approximately $1.43 to $1.54 within the trading session. The valuation touched levels previously recorded in March before experiencing a modest pullback. Current pricing shows XRP trading around $1.46, maintaining weekly gains exceeding 5% and monthly appreciation above 7%.

Technical Analysis Points to Critical Price Zones

A market analyst operating under the username Moon God identified a breakout from a descending formation that had persisted since February. His assessment stated that “$1.52 and $1.60 are the next levels to watch.” Meanwhile, another prominent voice in the space, EGRAG Crypto, outlined a more ambitious target. His technical view emphasized that “$1.80 needs to be reclaimed and held as macro support.” Trading desks referenced these benchmarks as price action continued beneath recent session peaks.

$XRP JUST BROKE THE MACRO TRIANGLE.
This pattern has been building since FEBRUARY.
Descending trendline from $1.67 ATH. Ascending trendline from $1.27 low.
They just resolved. RIGHT NOW. TODAY.
🚀📐🔥
What broke it?
❌ Not Iran being resolved ❌ Not the Fed cutting rates ❌ Not… pic.twitter.com/lBpso5BRIp
— Moon God (@Shawncito830) May 14, 2026

Investment vehicle data from SoSoValue documented $18.52 million in net capital flowing into XRP-focused funds within a 24-hour period. This volume surpassed corresponding flows into both Ethereum and Solana investment products during the identical timeframe. The figures represented substantial growth from the $5.31 million recorded on May 12 and zero inflows registered on May 13. Bitwise’s XRP-tracking product captured $7 million in new capital, while Canary Capital’s XRPC vehicle added $4.87 million. Aggregate net inflows across all XRP exchange-traded products have now reached $1.37 billion.

Derivative Market Leverage Expands Amid Heightened Trading Activity

Binance exchange metrics indicated the Estimated Leverage Ratio advancing to approximately 0.179. This reading represents the highest measurement captured across the past two months on the platform. Elevated leverage ratios signal increased utilization of borrowed capital within XRP derivatives trading strategies. Market participants expanded their exposure as volatility metrics broadened.

Concurrently, XRP maintained a position roughly 5% below its post-CLARITY vote peak. Bullish momentum persisted across both weekly and monthly timeframes despite the moderate correction. Price fluctuations continued as trading desks recalibrated their holdings. Leverage indicators on Binance remained at elevated readings according to the most recent platform data.