XRP whales hold 83.7% of supply as price sits at $1.34

Addresses holding more than 100,000 XRP increased their collective ownership through February and now control 83.7% of the total supply, a concentration that reflects heavy accumulation and could reduce circulating supply and volatility. At the same time, realized profit and loss on the network spiked to $207 million over the past 24 hours, the first notable wave of profit-taking in nearly a month.

Accelerated selling could undermine recovery attempts, making realized profit trends an important gauge of distribution risk. New address momentum has lagged yearly averages since early December 2025, signaling weaker on-chain engagement and reduced onboarding.

Without a pickup in monthly new addresses, price recovery may rely more on existing holders than fresh capital, which can limit rally potential. XRP is trading at $1.34, sitting on critical support and capped beneath $1.47 as a descending trendline active since early 2026 weighs on upside.

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