The recent decline in XRP's market value has not prompted large stakeholders to take losses. On the contrary, the market has entered a phase of aggressive accumulation. According to data from the analytics platform Santiment, the XRP Ledger — the blockchain underpinning the XRP asset — has set an absolute record for the current year: 2,147 wallets now hold balances of 1 million tokens or more.

Most of the capital inflow occurred during the period of price correction, when the asset's market price dropped to the $1.27 mark — at that level, a single 1 million-token balance equates to roughly $1.27 million, the scale that earns these addresses their millionaire designation.

Large Capital Stepped In at the End of October

The main activity of large capital unfolded in late October. The pace at which investors are building large positions points to a firm strategic calculation: over the past ten days, 28 new addresses have attained millionaire status, and 18 of them were opened during the final three days of the reporting period. The remaining 10 addresses crossed the threshold earlier within the same ten-day window.

Unlike speculative capital oriented toward quick profit, large holders have traditionally used phases of price weakness for buying. The growth in the number of millionaires at such a moment confirms that large balances are being systematically increased rather than liquidated. Counts drawn directly from the ledger carry weight as an industry signal because they reflect actual balance changes recorded on-chain, not trading sentiment.

Historically, such divergences between a falling chart and an inflow of institutional capital have often preceded the formation of a long-term market bottom.

Three Price Thresholds That Will Answer the Bottom Question

Is this surge a signal that the price has found a bottom? Analysts identify three clear price thresholds expected to give a precise answer in the coming days:

• The $1.20–$1.25 zone (Foundation): A critical support line and the main indicator of a potential bottom. If the price holds in this range and the number of millionaire wallets remains above 2,140, the long-term growth scenario will remain in force.
• The $1.30 milestone (Psychology): A local resistance level; a return above it is necessary to confirm a reversal and restore optimism in the mass market.
• The $1.40 level (Confirmation): Consolidation above this mark amid a continuing inflow of large holders would prove that the bottom has definitively passed and that capital is ready to drive the asset toward new highs.

According to the analysis, the sustainability of XRP's current setup depends directly on the ability of large capital to hold these key support levels during the coming market movements.