Crypto commentator Pumpius has highlighted a shift in XRP on-chain data that contrasts with the asset’s recent price behavior. In a tweet supported by Santiment analytics, Pumpius pointed out that the number of wallets holding at least 1 million XRP has begun to rise for the first time since September. This development is taking place while XRP continues to trade within a narrow range and general market interest remains subdued. According to the chart shared with the post, the number of millionaire XRP wallets declined steadily between early October and late December, with roughly 784 such wallets exiting during that period. Beginning in early January, the trend reversed. Since January 1, the data shows an increase of more than 40 wallets holding 1 million XRP or more. Pumpius emphasized that this change is occurring without a corresponding increase in price volatility or public enthusiasm. Something is happening quietly, and it is not meant to be obvious. While XRP price drifts sideways and sentiment stays bored, millionaire XRP wallets are increasing for the first time in months. Not traders. Not tourists. Large holders are adding size while the crowd looks away.… pic.twitter.com/e7MPp6N31O — Pumpius (@pumpius) January 29, 2026 Accumulation by Large Holders During Consolidation Pumpius stressed that short-term traders or casual market participants are not the drivers of recent growth in millionaire wallets . Instead, he described the buyers as large holders increasing their positions while sentiment remains indifferent. He stated that this type of accumulation typically happens when prices move sideways, allowing significant amounts of liquidity to be absorbed without immediate price impact. The on-chain data referenced in the tweet indicates that wallets holding between 1 million and 100 million XRP have collectively added hundreds of millions of dollars’ worth of tokens. Pumpius presented this as a deliberate process occurring while attention elsewhere in the market remains limited. He noted that accumulation under such conditions is rarely coincidental and often reflects longer-term positioning. Parallel Developments in Infrastructure and Investment Flows Alongside the wallet data, Pumpius pointed to other developments that he said are progressing quietly. These include gradual ETF inflows and continued activity related to infrastructure supporting digital asset use. He referenced areas such as custody, brokerage services, settlement systems, identity solutions, and privacy-related tools as examples of work continuing in the background while price action remains restrained. Pumpius suggested that the absence of notable price movement does not contradict the accumulation trend shown in the data. Instead, he argued that subdued pricing can coincide with periods where larger participants can build positions without attracting significant notice. In his view, this dynamic often leads to reduced retail participation, which further limits short-term price changes. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Preparation Rather Than Visible Market Confidence In concluding his commentary, Pumpius stated that an increase in millionaire wallets during a period of market boredom should not be interpreted as simple optimism. He characterized it instead as preparation by entities with longer investment horizons. According to his assessment, when accumulation phases end and positioning shifts, the resulting market response tends to occur without advance signals. The core point of the tweet is that current on-chain trends, particularly the renewed growth in high-balance XRP wallets, suggest meaningful activity beneath an otherwise quiet market surface. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Pundit to XRP Holders: Something Is Happening Quietly Among Whales appeared first on Times Tabloid .
