According to Santiment, XRP whales have been accumulating tokens over the last three months, so much that even with the price drop, their holdings increased 6% to 3.31 billion. Santiment described these whales as “smart money whale millionaires” who kept a one-year accumulating trend. Furthermore, the total number of transactions processed on the XRP network spiked from 43.3 million in October to 53.3 million in November.