Santiment counted 7,934 new XRP wallets created on November 1, the sixth-highest daily total of 2026, despite the traditionally low level of Sunday activity. The increase came after the Binance hack, which may have encouraged some users to self-custody their cryptocurrency. XRP was trading near $1.25, while whale outflows to Binance nearly tripled compared with September 2022, potentially easing near-term selling pressure. Sentiment remains negative, with 0.61 bullish comments for every bearish comment on XRP, compared with 0.69 for Bitcoin and 1.14 for Ethereum. Santiment says price stabilization combined with daily wallet growth remaining above roughly 4,000 could support a medium-term relief rally, although fear alone does not identify an exact bottom.
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