XRP Large-Balance Account Count Rose During 64% Price Decline

DailyCoin reported that the number of XRP Ledger accounts holding 500 tokens or more increased by 14% during a period when XRP fell 64%. The account-count figure comes from snapshots attributed to Cheeky Crypto, according to the DailyCoin summary. The coverage did not specify the exact length of the measured period or provide the underlying snapshots directly. DailyCoin is the only outlet included in the supplied coverage, so the 14% account-growth and 64% price-decline figures have not been independently corroborated within this reporting set. Its framing focuses on continued accumulation among larger balances despite a substantial drawdown, rather than on the timing or causes of the price movement. XRP currently stands at $1.31, with a market capitalization of $83.17 billion. Its 24-hour move is positive at 2.37%, while its seven-day performance remains slightly negative at 0.31%. That mixed short-term picture follows the cited period of severe price weakness, although the supplied material does not establish a direct relationship between the reported account growth and current trading conditions. The broader crypto market is broadly higher, with total capitalization at $2.76 trillion and Bitcoin up 3.79% over 24 hours. The Fear & Greed Index reads 34, placing sentiment in the “Fear” category. The account data may matter because it points to continued activity among larger XRP balances during the earlier drawdown, while the live figures show modest recovery over 24 hours alongside a slightly negative seven-day performance.