XRP Price Hangs in Balance as Top Holders Reveal Control

XRP's price action is being closely watched as it consolidates near $1.35, within a range that has held for several sessions with daily volume running above $2 billion.

The current support band is backed by the largest historical trading volume on URPD metrics and aligns with the 200-day EMA, making it the market's key level to watch.

The top holders of XRP are revealed in a fresh supply audit, which shows that the ten largest known entities collectively hold approximately 64.1% of the total XRP supply, with Ripple accounting for nearly 40% and exchanges such as UPbit, Coinbase, and Binance also holding significant amounts.

This concentration is crucial when the price is at a decision point, and the next move likely hinges on whether large holders defend or dump into the current support band.