The number of wallet addresses holding at least 10,000 XRP has increased to 2.794 million in the past five weeks

The on-chain and off-chain intelligence platform Santiment posted on X platform that the number of wallets holding at least 10,000 XRP has increased sharply in the past five weeks. There are 2.794 million shark and whale addresses on the ledger, returning to the six-month high. The correlation between these wallets and the XRP market value has been undeniable throughout 2024.