# XRP Investors Seize the Opportunity XRP millionaires are accumulating despite falling prices. - **Source:** [DailyCoin](https://brifing.si/source/3e9b0f85-cb2f-40ee-ba61-db9410cf0937) - **Published:** 2026-08-13 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/5b633cea-438f-4c2f-be1a-7ca51549fc34 ## Rise of XRP Millionaires According to Santiment data, the number of wallets holding over 1 million XRP tokens increased by 32 in the last three months. This rise occurred despite the overall market downturn. XRP's price dropped to its lowest level since 2024, reaching $1. ## Accumulation Despite Price Drop While XRP's price fell by 29% in the last three months, millionaire investors continued to accumulate tokens. Activity on the XRP Ledger increased by 33% in August 2026. August 11 marked the busiest day in the last six months. ## Role of Existing Investors The surge in activity was attributed to existing XRP holders rather than new wallet creations. This suggests that XRP is viewed as a long-term investment tool. There was no significant increase in interest from new retail investors. ## Technical Analysis and Price Movements Technical analysis indicates that XRP's price is moving within a falling wedge between $1 and $3. However, deep on-chain signals point to significant volatility ahead. The direction of the price breakout remains uncertain. ## Spot and Futures Markets Spot trading volume has not yet increased, recording $858 million in 24 hours. In the futures market, trading volume reached $1.49 billion. However, 95% of long positions were liquidated. ## Increase in Short Positions The long-short ratio dropped to 0.92, indicating an increase in short positions. On Binance, long positions were more dominant, with a ratio of 3.0225. This shows that market participants are adopting different strategies. ## Regulations and Future Projections The rise in millionaire wallets is linked to regulatory wins, such as the CLARITY Act supported by Ripple. Expected in mid-September, this bill could set gold standards for the crypto market. This creates a positive outlook for XRP's future. ## Long-Term Investment Potential Despite falling prices, millionaire investors are accumulating XRP, indicating its potential as a long-term investment tool. Regulations and market dynamics will be key factors shaping XRP's future performance. ## Sources covering this story - https://dailycoin.com/xrp-spikes-in-millionaire-count-what-do-they-know/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._