According to new data shown on the XRP Rich List, the 14,400,000 and above figure is held by 0.01% of all addresses of the coin, which was worth $3.8 million at the time of publication.
Here, we discuss the people who currently make up the XRP Rich List, i.e. those who hold the most XRP tokens.
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Who is on the XRP Rich List?
The addresses with the most Ripple tokens generally belong to project founders and executives, including Chris Larsen and Brad Garlinghouse, as well as centralized exchanges such as Binance, Kraken, KuCoin, Crypto.com, Bittrue etc.
These centralized exchanges and cryptocurrency lenders Centralized exchanges and cryptocurrency lenders are the largest XRP holders by percentage, holding hundreds of millions of dollars worth of XRP tokens at multiple addresses on behalf of their customers.
According to Coincarp, the exchange holds 77.49% of the exchange’s XRP supply. the top five addresses on Binance hold 162.9 million XRP, or more than 58% of the exchange’s total supply.
To more easily visualize the distribution of circulating supply and how many XRPs are in the hands of the top 10 Welsh, check out the XRP Rich List 2023
chart.
Distribution of XRP supply in circulation.
The top 10 addresses with the largest supply of XRP hold approximately 13,571,000,000 XRP, worth approximately $5.2 billion at current market rates.
If we consider the next 20 largest addresses, the top 30 XRP addresses control 19,800,000,000 XRP, or 39.3% of the entire circulating supply.
If you would like to see the top addresses of the XRP whale for yourself, we have prepared a list of the ten largest XRP addresses.
| Owner | Number of XRP | % of Circ. Supply | Blockchain address |
|---|---|---|---|
| Upbit | 4,103,350,319 | 8.16% | rEahGW5VLYQH2vGBfFmbv9BBpWSTDoukGR |
| Ripple #1 | 1,960,027,012 | 3.90% | rGSxFjoqmWz54PycrgQBQ5dB6e7TUpMxzq |
| Ripple #2 | 1,783,635,065 | 3.55% | rKveEyR1SrkWbJX214xcfH43ZsoGMb3PEv |
| Binance | 1,477,168,712 | 2.93% | rEy8TFcrAPvhpKrwyrscNYyqBGUkE9hKaJ |
| Bitstamp | 949,596,747 | 1.89% | rsX8cp4aj9grKVD9V1K2ouUBXgYsjgUtBL |
| Kraken | 770,000,042 | 1.53% | rUeDDFNp2q7Ymvyv75hFGC8DAcygVyJbNF |
| Coincheck | 660,979,773 | 1.31% | rwgvfze315jjAAxT2TyyDqAPzL68HpAp6v |
| Poloniex | 659,598,153 | 1.31% | rw7m3CtVHwGSdhFjV4MyJozmZJv3DYQnsA |
| Unknown | 607,476,428 | 1.21% | rEvwSpejhGTbdAXbxRTpGAzPBQkBRZxN5s |
| Bithumb | 600,000,112 | 1.19% | rZcBQae9iSJqFYBpNCfxGLXH7xuEzizxR |
Final Thoughts
The XRP whale consists primarily of exchanges and crypto companies, providing billions of XRP to their customers at multiple addresses. the top 16 addresses alone control 32% of the circulating volume.
But most of them belong to exchanges, which means they cater to retail investors. The most famous public address among the top 16 is Chris Larsen’s address, which contains 2.5 billion Ripple coins.
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