Santiment, an on-chain and off-chain metrics intelligence platform, said in a post on the X platform that the number of wallets holding at least 10,000 XRP has increased sharply in the past five weeks, and there are 2.794 million such shark and whale addresses on the ledger, returning to a six-month high. The correlation between these wallets and XRP market capitalization has been undeniable throughout 2024.