*XRP Wealth Distribution Reveals Stunning Concentration*

New data from the $XRP Rich List has sparked heated debate in the crypto community, highlighting the concentrated ownership of $XRP. The top 10 XRP wallets control 41% of the circulating supply, while the top 20 hold 50%. Only 663 wallets globally hold over 5 million XRP, placing them in the top 0.01%.

*Wealth Thresholds:*

- *Top 10%:* ~2,500 XRP (~$5,000 at current prices)

- *Top 5%:* ~8,758 $XRP

- *Top 1%:* over 50,637 $XRP

The community is stunned due to:

1. *Centralized control*: A small fraction of wallets governs price and liquidity.

2. *Accessibility gap*: Moderate wealth in $XRP puts you in the top 10%, revealing a shallow holder base.

3. *Whale influence*: Large token movements by insiders, like Chris Larsen's recent $175M XRP transfers, trigger price volatility.

*Market Impact:*

- Larsen's $175M XRP transfer sparked a 14% price drop and one of the year's largest Binance long-liquidations.

*Long-Term Perspective:*

- Patient holders in lower tiers may benefit from growing adoption.

- Transparency, governance, and regulation are crucial due to concentrated ownership.

*Key Figures:*

- Top 10 wallets: ~41% of circulating $XRP

- Top 1% threshold: ≥ 50,637 XRP (~663 wallets globally)

- Top 10% threshold: ~2,500 $XRP

(~4-5% of wallets)

- Total wallets: ~6.4M; only ~1.5-2M real holders

The XRP ecosystem's wealth remains highly centralized, with a tiny handful of wallets wielding outsized influence. Retail investors should be aware of their place on the rich list.