Bitcoin and XRP Whale Accumulation Reaches Record Levels

Data from blockchain analytics firms show that Bitcoin whale wallets—addresses holding at least 1,000 BTC—have increased their holdings to 7.17 million BTC, the highest level since mid‑March. This amount represents roughly 36% of Bitcoin’s circulating supply and is held across 2,044 distinct addresses. The accumulation followed a major price correction that pushed Bitcoin down to the low $60,000 range, suggesting large investors view the price level as a deep‑value opportunity.

Similarly, XRP wallets with at least 1 million coins have added 1.53 billion XRP over the past six months, now controlling about 74.1% of the token’s total supply. The price of XRP jumped from $1.13 to $1.29 in a single day as supply tightened. The activity occurs despite a broader market downturn and follows macro‑economic concerns linked to the U.S.–Iran conflict, with expectations of a peace deal and lower oil prices potentially easing inflation and prompting interest‑rate cuts that could further support high‑risk assets.

Analysts note that while such concentration can amplify price moves, it also introduces risk if the large holders decide to sell.