😠 Is $XRP controlled by whales?

🐋 On the XRP network, more than 2,700 wallets hold more than 1 million XRP each. These "whales" control almost 50% of all tokens.

💼 Only 663 wallets hold more than 5 million XRP - this is 0.01% of owners, but they influence the market more than millions of small investors.

⚠️ Such centralization is a serious risk. One movement of these wallets - and the price can collapse or rise sharply. The market is in the hands of a few.

🤔 Is XRP decentralization? More of a myth. Control remains in the hands of a select few.