XRP’s recent upward momentum seems to be supported by increased accumulation from large investors. On-chain analytics provided by Santiment, a blockchain intelligence firm, show that wallets holding between 100,000 and 100 million XRP expanded their combined balances by 2.8% over the past five weeks. In contrast, the smallest retail wallets, those holding less than 0.01 XRP, have reduced their holdings by 5.2% during the same period.