XRP Rich List: Top 20 Wallet XRP! Who is the main ruler and do we need to worry?

Do you know? More than 50% of the total supply of XRP, the original crypto of the ripple network, is controlled by only 20 largest wallets. In fact, the Top 10 wallet only holds almost 21% of the supply circulating. But who exactly is the owner of these wallets, and is this kind of concentration dangerous for the XRP ecosystem? [Segment 1: XRP Supply Concentration] In January 2025, XRP has a total supply of 100 billion tokens, with around 57.64 billion tokens that have been circulating. Data from Coincarp shows that the 20 largest wallets control 50.31% of the supply in circulation. In fact, if we expand the 100 largest wallets, they hold up to 71.76%. Then, who is the owner of these big wallets? The majority came from Ripple Labs, the founders of Ripples such as Chris Larsen, and several large crypto exchanges such as Binance and Uphold. For example, one of the ripple wallets alone reported more than 1.3 billion XRP, according to data from Bithomp. [Segment 2: Ripple Labs and Chris Larsen] Ripple Labs itself holds around 46 billion XRP tokens. However, most of this amount is locked in Escrow to prevent market manipulation. Every month, Ripple can only access the limited amount of the Escrow. In addition, Chris Larsen, one of the founders of Ripple, is the largest individual holder of XRP with more than 5 billion tokens. This number makes it one of the richest people in the crypto world. Large exchanges like Binance also have a significant role. One binance wallet holds more than 1.3 billion XRP, or around 1.33% of the supply in circulation. There is also Upbit, a exchange from South Korea, which holds around 4.38% of the XRP supply. [Segment 3: Is there a risk?] Seeing the dominance by the Top 20 Wallet, it is natural that fears arise about the potential for market manipulation. However, there are some important points that need to be considered. First, the majority of tokens controlled by ripples are locked in Escrow, so they cannot be carelessly selling in large quantities. Second, large ownership by stock exchanges such as Binance and Uphold is actually a collection of assets from their individual users. In other words, even though it looks concentrated, most of this token remains under the control of millions of users. However, we still cannot ignore the fact that such concentrations provide great strength to several parties. This can be a concern, especially if one of these parties decides to take action that can significantly affect market prices. #xrp #RIPPLE #RIPPLENEWS #XRPNews #XRPharii