The number of wallet addresses holding at least 10,000 XRP has increased to 279,400 in the past five weeks

Odaily News Santiment, an on-chain and off-chain indicator intelligence platform, posted on the X platform that the number of wallets holding at least 10,000 XRP has increased dramatically in the past five weeks. There are 279,400 such shark and whale addresses on the ledger, returning to a six-month high. The correlation between these wallets and the XRP market value has been undeniable throughout 2024.