XRP’s 70% Breakout Had a Warning Sign: 85 Millionaire Wallets Moved First

XRP’s recent 70% rally may have had an early on-chain signal. Santiment found 85 new wallets holding at least 1 million tokens appearing just two days before the August 17-21 surge.

That matters because these larger wallets can absorb supply and strengthen bids while shifting liquidity faster than retail traders. Changes in their numbers have often appeared ahead of XRP’s sharpest moves.

Millionaire Wallets Were Already on the Move There is also more happening around the XRP Ledger. Ripple backed an RLUSD credit fund focused on fintech and payments lending on XRPL.

ZILO and Licuido investments brought tokenization plus transfer-agency and collateral-mobility rails into Ripple’s stack. Looking toward the rest of the year, Santiment considers the setup to be constructive.