Top XRP Ledger Addresses Accumulate 48 Billion XRP Despite 569-Wallet Decline
Large XRP wallets holding 100 million tokens or more declined by 20.6% over eight weeks, with 569 fewer addresses recorded by December 1, data show. Remaining top-tier holders increased their collective holdings to 48 billion XRP, marking a seven-year high for concentrated ownership on the ledger. The pattern suggests consolidation among major holders rather than distribution.