Only 1 Long Remains Among Profitable XRP Wallets, Shorts Add 2.1M XRP

深潮 TechFlow reported on Nov. 8 that, according to Bitcoin.com News, data from on-chain analytics firm Santiment dated Nov. 6 showed that only one of the “most profitable XRP wallets” it tracks still held a long position, and that wallet had not traded since August; three active short positions had collectively added about 2.1 million XRP since late October. Santiment presented this data alongside a prediction on the Score Arena platform that XRP would fall to $0.99: the trader said the call would be wrong if XRP closed above $1.36, and XRP has fallen about 10% since the call. As of Nov. 7, XRP was around $1.16, requiring another roughly 15% decline to reach $0.99; the prediction will settle on Nov. 19. Spot and on-chain structure offer additional points of interest: the number of wallets holding at least 1 million XRP reached 2,147 on Nov. 3, the highest in 2026 so far, an increase of 28 over 10 days; XRP Ledger added 7,934 new wallets on Nov. 1, the sixth-highest of the year. Santiment said that a more constructive signal would require daily new wallet additions to remain above about 4,000 and the price to return above $1.30.

Source: 深潮 TechFlow