XRP Whales Are Loading Up Fast – Even as Some Wallets Empty Out
A fresh update from the XRP rich list shows a wave of new whale activity, and it’s one of the busiest days the network has seen in a while. According to new data shared by The Crypto Basic, 78 newly created wallets scooped up more than 77 million XRP in a single day, signaling that large holders are quietly repositioning again.
The inflows were surprisingly aggressive. Out of the 77 million XRP that moved into new wallets, one address alone picked up 35 million tokens in one shot. Another grabbed 3.63 million XRP, while six more wallets bought around 1.99 million each. On top of that, 44 of the new accounts accumulated over 300,000 XRP, showing broad whale interest rather than just a few isolated buys. It wasn’t only the new wallets doing the heavy lifting; 246 existing wallets also increased their balances by nearly 18 million XRP combined. Altogether, it’s a strong sign that whales are still accumulating rather than exiting.
#XRP Rich List Update Shows 78 New Accounts Bought 77M XRP in 1 Day. #Ripple 🧵🧵🧵 pic.twitter.com/fAlPkUoVL3
— TheCryptoBasic (@thecryptobasic) December 1, 2025
At the same time, a handful of large wallets were moving XRP out. One address linked to Bithumb shifted out 2.8 million XRP, likely due to internal transfers or customer withdrawals. The more eye-catching development came from 78 wallets that emptied their balances entirely. Most of them moved out around 240–241 million XRP each, totaling over 108.5 million XRP sent out in a single day. That kind of movement can look alarming at first glance, but it may not be a bearish signal.
Analysts Think This Is a Rotation, Not a Sell-Off
Despite the large outflows, analysts following the data don’t believe whales are dumping. Instead, they think the rich list is simply rotating. With 78 new wallets accumulating and 78 older wallets draining, the numbers line up almost perfectly for a reshuffle.
Crypto analyst Mullen says this looks more like whales reorganizing their positions rather than abandoning them. This type of behavior often shows up before a new phase in the market, especially when large investors want cleaner wallet structures or better privacy.
Zooming out reinforces that view. Large holders with 20M–100M XRP and 100M–500M XRP have quietly accumulated more than $7.8 billion worth of XRP since August. That doesn’t fit the profile of a market preparing to sell; it fits a market preparing for something bigger.
What It Likely Means for XRP
The latest rich list update doesn’t show whales exiting. Instead, it shows heavy accumulation, big reshuffling, and renewed positioning from large players. With both new and existing wallets adding to their balances, the data leans more bullish than bearish. Now the question becomes: what exactly are whales positioning for?