A prominent voice in the XRP community has raised attention to what appears to be increasing interest in XRP among affluent investors. The observation is based on blockchain data that reveals a notable concentration of XRP tokens in a small number of large wallets.
Concentration of XRP Among Top Wallets
According to a post shared by the “All Things XRP” account, 25 wallets currently hold approximately 20.3 billion XRP tokens. This figure accounts for roughly 35% of the circulating supply of 58 billion, as reported by CoinMarketCap. The analyst suggests that this level of accumulation is indicative of growing confidence among high-net-worth individuals or institutional players in XRP’s long-term outlook.
💰 ARE THE ULTRA-RICH SECRETLY BETTING ON XRP?
👀 25 wallets hold 20.3B XRP—37% of the entire circulating supply.
🔓 Most are outside Ripple's escrow.
🏦 Major exchanges like Binance & Uphold are stacked for wealthy clients.
The billionaires aren’t talking—but their wallets…
— All Things XRP (@XRP_investing) May 3, 2025
Blockchain data provided by XRPScan indicates that out of the top 20 XRP wallets with the highest balances, only eight are Ripple-controlled escrow wallets. Among the remaining 12 wallets, two are held directly by Ripple and together hold 2.525 billion spendable XRP tokens. The other ten wallets are affiliated with exchanges and trading platforms such as Binance, Upbit, Uphold, and Bithumb, where tokens are likely held on behalf of individual and institutional customers.
While such high concentrations often raise concerns about centralization within a network, the “All Things XRP” analyst interprets the holdings as a signal that wealthy stakeholders are increasing their exposure in anticipation of potential future gains.
Exchange Wallets and Wealth Attribution
The analyst also emphasized that several of the largest XRP wallets are managed by centralized exchanges, but believes the size of these balances suggests they belong to affluent clients. He argues that ongoing accumulation patterns in these accounts are consistent with investment strategies employed by sophisticated investors who are positioning themselves ahead of a potential market shift.
Whale Accumulation Trends Intensify
Data from recent weeks supports this theory. As of April 28, wallets holding 20 million XRP or more had a cumulative balance of 36.859 billion tokens. That figure has since increased to 37.131 billion, indicating that these wallets acquired an additional 272 million XRP over a short time. At current market prices, each of these wallets holds more than $42 million in XRP.
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On a broader scale, analyst Ali Martinez has confirmed that addresses holding between 10 million and 100 million XRP have collectively acquired approximately 900 million tokens, worth an estimated $1.89 billion, over the past month. This suggests continued interest from larger players, even as XRP’s price remains relatively stable.
Price Outlook and Market Sentiment
Despite repeated attempts, XRP has struggled to maintain a position above the $2.20 level in recent weeks. At the time of writing, the token is trading around $2.12. However, the ongoing accumulation among large holders appears to reflect optimism about future price movement. While it remains uncertain whether XRP can break through key resistance levels in the near term, investor behavior suggests confidence in the asset’s medium-term to long-term potential.
The accumulation trend across major wallets, combined with the large-scale holdings in centralized platforms, supports the view that a segment of the market, particularly the wealthier participants, is betting on an eventual upward breakout.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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