XRP Supply Concentrated Among Top 100 Holders

The XRP token supply is concentrated among a small group of holders, according to data from CryptoRank. The largest 100 wallets control 72.34% of the total 325.79 million token supply, while wallets hold 95.54% of that supply and contracts the remaining 4.46%. This distribution is typical for most cryptocurrencies.

The top 1-5 holders account for 60.7% of the total supply, followed by the next 5-10 largest holders at 4.14%, and the next 11-25 at 3.24%. The remaining 26-50, 51-100, and outside of 100 holders have smaller shares.

The distribution can be categorized into five groups: whales (32), sharks (34), dolphins (8690), fish (3466), and octopuses (12468). However, the majority of holders are classified as shrimp, with 483,849 addresses holding a total of 89% of the supply.

The top 10 holders by share value and amount are listed in the table provided by CryptoRank. Binance's hot wallets hold significant amounts of XRP, while Venus XRP (vXRP) is also represented as a contract address.