The number of wallets holding 1,000 to 100,000 XRP rose to 1,105,590, a record high.

On April 15 local time, blockchain outlet The Crypto Basic reported that mid-sized wallets with a high share of retail investors increased even as XRP fell 52 percent since October 2025.

According to figures compiled by on-chain analytics firm Santiment, in October 2025 there were 745,310 wallets holding 1,000 to 10,000 XRP and 282,780 holding 10,000 to 100,000 XRP. Combined, the two ranges totaled 1,028,090 wallets. The figures now stand at 806,230 and 299,360, respectively. That is an increase of 77,500 wallets compared with October 2025.

The trend moved opposite to the price weakness. Retail participation increased even as market sentiment weakened, and the network is interpreted as having absorbed more retail investors. The indicator rose to 1,095,830 in early February, setting a high at the time, then slipped to 1,088,450 within days. It later resumed rising and led to the latest record.

Holdings also increased. As of Oct. 1, 2025, wallets holding 1,000 to 10,000 XRP had a combined balance of 2.46 billion XRP, and wallets holding 10,000 to 100,000 XRP held 7.58 billion XRP. Their combined balance was 10.004 billion XRP. The total holdings of these wallets have now risen to 10.56 billion XRP, also a record high. That implies they accumulated an additional 520 million XRP during the period of declines.

Moves by large wallets were mixed. The combined balance of shark and whale wallets holding 100,000 to 10 million XRP fell to 10.005 billion XRP from 13.12 billion XRP in October 2025. That suggests 3.07 billion XRP from this range was released into the market.

In contrast, ultra-large whale wallets holding 10 million to 100 million XRP continued to accumulate. Their combined balance rose to 11.31 billion XRP from 7.89 billion XRP in October 2025, an increase of 3.42 billion XRP.

Overall, the XRP market is interpreted as showing that retail wallets and some ultra-large whale wallets increased holdings even as prices fell, while mid-sized whale wallets moved to take profits or diversify. On a network basis, the base of retail investors steadily expanded even in a weak market, and total balances again set a record.

The latest record shows that XRP's retail investor base expanded despite price weakness. It also showed that wallet counts and cumulative holdings increased together during the same downturn, while whale segments responded differently, indicating that market participants are becoming more segmented.