Crypto
Ripple's Dominance in XRP Wallets Raises Ownership Questions
XRP wallet distribution data shows a significant gap between smaller investors and large holders. An address needs approximately 3.65 million to 3.71 million XRP to rank among the top 0.01% of XRP holders, worth around $5.3 million at current prices.
The top 0.1% threshold is about 277,000 XRP, worth roughly $400,000. The top 0.5% requires around 80,000 XRP, while approximately 44,000 XRP would put an address near the top 1%.
Ripple controls 26 accounts containing about 38.6% of XRP's circulating supply, mostly in escrow. Major exchanges and large holders are also among the largest XRP wallets.