Ripple [XRP] addresses holding between 100,000 and 10 million tokens have accumulated over $6 million worth of the cryptocurrency in the last seven days, according to AMBCrypto’s analysis of Santiment’s data. As a result, the supply owned by this cohort has increased. For example, the 100,000 to 1 million cohort accounted for 11.39% of the total XRP supply at press time, while the 1 million to 10 million group owned 6.31%. By reducing the number of tokens available to be purchased in the market, whales can put upward pressure on prices. Also, accumulating large quantities of cryptocurrency can result in high volatility.