Large XRP investors are increasing their holdings while retail traders reduce their exposure, reinforcing signs of growing institutional conviction. According to Santiment, wallets holding between 100,000 and 100 million XRP expanded their combined balances by 2.8% over the past five weeks. During the same period, wallets holding less than 0.01 XRP reduced their balances by 5.2%, highlighting a widening gap between whale and retail activity.