A new analytical tool, the XRP Rich List Summary, has become a topic of interest in the XRP community. Created by a Japanese developer, this platform delivers detailed insights into XRP wallet distributions, ownership patterns, and network influence.
Key Features of the XRP Rich List Summary
This innovative tool provides several functionalities to help users understand XRP ownership dynamics:
- Labeled Wallets: Identifies high-profile wallets associated with exchanges, corporations, and influential individuals.
- Balance Trends: Tracks 7-day and 30-day wallet movements, revealing accumulation or distribution trends.
- Interactive Heat Maps: Visualizes the concentration of XRP holdings across the network.
Data is sourced directly from XRP Scan and the XRPL, with hourly updates to ensure real-time accuracy.
Exchange Dominance in XRP Ownership
The XRP Rich List Summary ranks wallets by balance and activity, revealing that major exchanges hold the largest portions of XRP:
- Upbit (South Korea) leads with 6+ billion XRP in its wallet.
- Binance follows with 26 wallets, while Coinbase manages 542 wallets.
- Ripple, the company behind XRP, controls 87 wallets, further cementing corporate influence.
👉 Explore the latest trends in crypto exchanges
Notable individual wallets include those owned by Chris Larsen (Ripple co-founder) and Arthur Brito (XRPL architect), showcasing how key figures shape the ecosystem.
Mystery Wallets: Unidentified Holders
Despite the tool’s transparency efforts, some large XRP wallets remain unidentified. For example:
- The second-largest wallet holds 20 billion XRP, yet its owner remains unknown.
- The platform continuously updates labels as new information surfaces.
This tool enhances transparency for investors, analysts, and crypto enthusiasts, offering a clearer picture of XRP’s distribution across the XRPL network.
FAQ Section
1. What is the XRP Rich List Summary?
A data tool that tracks XRP wallet distributions, identifying key holders like exchanges, corporations, and individuals.
2. Which exchange holds the most XRP?
Upbit (South Korea) leads with 6+ billion XRP, followed by Binance and Coinbase.
3. Does Ripple own a significant portion of XRP?
Yes, Ripple controls 87 wallets, playing a major role in the ecosystem.
4. Are there unidentified large XRP holders?
Yes, some wallets (e.g., the second-largest with 20B XRP) remain anonymous.
5. How often is the data updated?
The platform refreshes hourly, ensuring real-time accuracy.
6. Why is this tool important for investors?
It promotes transparency by revealing ownership trends and potential market influences.
👉 Stay updated on crypto trends and insights
This XRP Rich List Summary serves as a crucial resource for anyone analyzing XRP’s network dynamics, offering real-time data and ownership transparency in the evolving blockchain ecosystem.