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Altcoins & DeFi

XRP whales now control 68.5% of supply, the highest share since November 2022

Image: Crypto Briefing

Santiment data shows wallets holding 10 million or more XRP have tightened their grip, even as mid-sized whale counts slip and exchange balances rise The biggest XRP holders now hold a larger share of the token than at any point in nearly four years. Wallets holding at least 10 million XRP control 68.5% of the supply, according to on-chain analytics platform Santiment. That is the highest concentration since November 2022. Santiment’s metric tracks every wallet with a balance of 10 million XRP or more. It splits those wallets into three tiers: 10 million to 100 million, 100 million to 1 billion, and more than 1 billion tokens. The picture gets messier one level down.

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