A recent deep dive into the XRP Ledger has pulled back the curtain on how the digital asset is distributed among its wealthiest holders. New data reveals that Ripple continues to maintain a massive footprint in the ecosystem, holding roughly 35.6 billion XRP within its accounts. This concentration of wealth highlights the significant influence the company retains over the token’s liquidity and long term market stability.

The distribution patterns revealed by analysts show a stark contrast depending on how you measure ownership. While the ten largest individual wallet addresses account for about eleven percent of the total supply, those numbers shift dramatically when looking at identified entities. When multiple wallets linked to a single owner are combined, it becomes clear that just ten major stakeholders actually control approximately sixty percent of all existing XRP.

This disparity underscores a common trend in blockchain forensics where whales often split their holdings across numerous addresses to obscure their movements or manage security risks. For observers of the crypto market, these findings provide critical insight into who really holds the keys to one of the industry’s most debated assets and how much power remains concentrated at the top.