Here is a snapshot of the activity levels for PoW P2P cryptos recorded at 10 pm EST on Feb 22, 2026. Over the preceding 24-hour period, the collective count of active addresses reached a total of 423,766.
Leading the engagement metrics, Litecoin $LTC recorded 237,064 active addresses, which represents 56% of the overall activity. Bitcoin $BTC followed with 87,466 addresses, accounting for a 21% share. Next was Dogecoin $DOGE, showing 49,388 active addresses (12%), while Dash $DASH registered 31,601 (7%). Rounding out the group, Bitcoin Cash $BCH tracked 18,257 active addresses, making up the final 4%.
🐋 Large holder activity raises short term risk for XRP
BTC continues to range, offering limited directional clarity in the short term.
This lack of momentum is weighing on the broader market, with altcoins continuing to underperform in the absence of a clear trend.
This week was notably marked by a significant XRP inflow to Binance, which remains the go-to exchange for large transactions thanks to its deep liquidity.
💥 More than 31 million XRP were transferred to the exchange in a single day yesterday.
These inflows were primarily driven by activity from the largest holder cohorts, with the following distribution :
🦐 <1k : 6,543
🦀 1k–10k : 73,630
🐟 10k–100k : 2,938,809
🐳 100k–1M : 14,236,825
🐋 > 1M : 14,494,865
👉 Altogether, this represents a sudden potential sell-side pressure of nearly $45 million that warrants close monitoring.
Should this selling pressure persist, XRP may struggle to recover from its ongoing correction in the near term.