Recent wallet distribution data for XRP reveals the amount needed to rank among the top holders of the digital asset.
Criteria for Top XRP Holders
Now, to qualify as a top 10% holder of XRP, one needs to possess at least 2,486 tokens. This was reported by John Squire, a recognized voice in the crypto space.
Wealth Concentration Among Owners
According to recent statistical studies, a small number of accounts control a large share of XRP in circulation. Only about 663 accounts in the top 0.01% hold at least 5.7 million XRP, while to be in the top 0.1%, one needs 369,080 XRP.
Conclusions on XRP Distribution
The updated information indicates that over 600,000 active wallets are in the top 10%, demonstrating a high concentration of assets. The data underscores that a significant portion of XRP remains in the hands of a small group of holders.
The updated XRP distribution data highlights that the asset remains concentrated among a limited number of holders, raising interesting questions about market dynamics and its participants.
