XRP Supply Map Shows Ripple Dominance Amid Exchange Balances

A recent XRP ownership snapshot reveals that Ripple Labs-linked accounts still control nearly 40% of the supply, while major exchanges hold significant balances.

The chart shows that Ripple's 31 wallets account for 39.86% of the total supply, followed by Upbit with 6.41%, Coinbase with 5.81%, and Binance with 2.75%. Chris Larsen's labeled accounts add another 2.53%

The concentration of XRP in Ripple-linked accounts has defined the asset's narrative for years, but it does not necessarily equal free float available to the market.