Top 10 holders of XRP.
As of November 19, 2024, the top 10 XRP holders collectively control approximately 20.99% of the circulating supply, which totals 56.87 billion XRP. This concentration underscores the significant influence a few entities have over the XRP ecosystem. Here is a breakdown of these top holders:
1. Binance #1: 2,267,844,754 XRP (3.99% of circulating supply)
2. Ripple #1: 1,710,027,088 XRP (3.01%)
3. Uphold #1: 1,508,638,219 XRP (2.65%)
4. Bithumb: 1,376,092,957 XRP (2.42%)
5. Ripple #2: 1,337,544,084 XRP (2.35%)
6. UPbit: 1,309,464,141 XRP (2.30%)
7. Coincheck: 641,357,428 XRP (1.13%)
8. bitbank: 607,871,544 XRP (1.07%)
9. eToro: 592,476,996 XRP (1.04%)
10. Uphold #2: 585,565,973 XRP (1.03%)
It's important to note that many of these addresses are associated with cryptocurrency exchanges like Binance, Uphold, and Bithumb. These platforms hold substantial amounts of XRP, primarily representing the aggregated holdings of their customers. Additionally, Ripple, the company behind XRP, maintains significant reserves, with two of its addresses appearing in the top 10. This distribution indicates a relatively centralized ownership structure within the XRP ecosystem.