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XRP Hits 12-Year Milestone With Over 2,700 Whales, Holding Over 1M XRP, Onchain Data Show
The payments-focused cryptocurrency has gained just 7.5% this year.
Updated Jun 17, 2025, 12:56 p.m. Published Jun 17, 2025, 6:48 a.m.
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What to know:
- The number of XRP whales has surged to life-time highs.
- The cryptocurrency has gained just 7.5% this year.
The number of whale wallets holding large amounts of XRP {{XRP}} has increased to a record high in a sign of confidence in the cryptocurrency's price prospects.
"There are now over 2,700 whale & shark wallets holding at least 1M XRP for the first time in the asset's 12 plus year history," blockchain analytics firm Santiment said on X.
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Additionally, the amount of active XRP addresses has averaged over 295,000 per day over the past week, significantly higher than the average of 35,000-40,000 over the past three months.
XRP is the payments-focused cryptocurrency used by the fintech company Ripple to facilitate cross-border transactions. As of writing, the cryptocurrency traded flat around $2.23, representing a 7% gain for the year, CoinDesk data show.
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