Cryptocurrency commentator Austin Hilton states that XRP is currently undergoing a significant accumulation phase. According to Hilton, whale wallets are expanding, exchange reserves are dropping, and his personal trading indicator has triggered a buy signal. He points out that these occurrences are happening simultaneously, confirming that large investors are actively purchasing XRP at current price levels.
Whale Wallets Hit a 2026 High
In his breakdown, Hilton concentrated on wallet tracking metrics for addresses holding in excess of 1 million XRP. The count for these wallets has reached 2,147, marking a new benchmark for 2026. This reflects an addition of 28 new wallets over a span of just 10 days, which Hilton views as a definitive “major accumulation signal.”
He considers these substantial holders to be the “smart money in the room,” noting they have accumulated over 60 million XRP within the past two weeks alone.
XRP holders!
It is happening right now, and it is happening right in front of all of us! pic.twitter.com/8PeWAEiJDr
— Austin Hilton (@austinahilton) November 8, 2026
XRP is Leaving Exchanges
Furthermore, exchange-hosted supply is shrinking. He highlighted that XRP balances across major platforms like Coinbase, Binance, and Crypto.com have decreased by 149 million tokens, bringing the total supply on exchanges down to 22.34 billion. Hilton believes many observers misinterpret this trend.
When investors withdraw XRP from trading platforms into cold storage or private wallets, it indicates they have no immediate intention to sell. Because exchanges serve as the primary venues for liquidating XRP, removing the cryptocurrency from these platforms points to strong, long-term confidence.
A Trading Indicator Confirms the Zone
Hilton also highlighted his custom trading indicator, which recently flashed a buy alert for XRP. Reviewing past performance, he pointed out that prior buy-to-sell cycles yielded gains of 44%, 13%, and 48%.
At present, XRP changes hands at $1.15, sitting beneath its 200-day moving average. His indicator displays the identical accumulation pattern currently observed in XLM, a token that recently rallied by 39% following a sequence of three consecutive buy signals.
Key Levels and Liquidity
Looking ahead, Hilton projects that XRP could mount a recovery back to the $1.30 to $1.40 range in the near term, provided that liquidity flows back into the broader crypto market. He characterizes current market conditions as bearish, with capital migrating into short positions on Ethereum, Bitcoin, and XRP. The timing of any liquidity shift will depend on upcoming inflation figures and Federal Reserve decisions. Additionally, he cautioned that broader macroeconomic threats, such as geopolitical tensions, remain potential hurdles.
What to Watch
To monitor future developments, Hilton recommended keeping an eye on three specific metrics: whether the count of million-XRP wallets keeps rising, if large holders continue expanding their positions, and whether exchange reserves sustain their downward trajectory. He cautioned that XRP could face additional downward pressure if the wider market experiences another pullback.
Even so, he insists that the accumulation data speaks for itself. “Accumulation signals are everywhere,” he remarked, adding that the upcoming catalyst will be a liquidity event that brings renewed buying momentum to the marketplace.
Frequently Asked Questions
What is the current state of XRP whale wallets?
According to Austin Hilton, wallets holding over 1 million XRP reached a 2026 high of 2,147 wallets, gaining 28 new wallets in 10 days and adding over 60 million XRP in two weeks.
How are exchange supplies of XRP changing?
XRP supply on major platforms like Binance, Coinbase, and Crypto.com has dropped by 149 million tokens, bringing total exchange supply down to 22.34 billion.
What price is XRP trading at, and what are the short-term targets?
XRP is currently trading at $1.15, sitting below its 200-day moving average. Hilton suggests it could recover to between $1.30 and $1.40 in the near term if market liquidity returns.
What factors could influence XRP’s next market move?
Key catalysts include market liquidity shifts driven by Federal Reserve decisions, inflation data, geopolitical tensions, and the continuous growth of whale wallet holdings and declining exchange balances.
Explained in this article
Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyFederal Reserve
The central bank of the United States, which sets US interest rates and supervises banks.
Because the dollar is used worldwide, its rate decisions affect borrowing costs and markets in many other countries.
More about Federal ReserveInflation
The rate at which the general level of prices for goods and services rises over time, usually measured over twelve months.
When prices rise faster than wages, households can buy less with the same income, and central banks may raise interest rates in response.
More about InflationGeopolitics
The way geography, resources and power shape relations and rivalries between countries.
Geopolitical tensions influence trade, energy prices and security around the world.
More about Geopolitics
Written by
Elara Winter
