$XRP XRP Rich List: What Most People Misunderstand About XRP Distribution
Many people believe XRP is highly centralized just by looking at the rich list.
The biggest misunderstanding is assuming top wallets belong to individual whales.
In reality, many large XRP wallets are exchange wallets holding funds for millions of users.
Ripple’s escrow wallets are transparent and time-locked, not secretly dumping supply.
XRP distribution has improved steadily as adoption and trading volume increased.
Smaller holders collectively control a significant portion of circulating XRP.
The rich list does not reflect real ownership, only wallet balances.
Exchange custody plays a major role in skewing distribution data.
XRP’s liquidity-focused design requires higher balances on exchanges.
Comparing XRP directly with BTC or ETH distribution can be misleading.
Understanding wallet purpose is key before calling XRP “centralized.”
📊 Chart Explanation:
The chart above shows an illustrative XRP rich list distribution to help visualize how exchange wallets and retail holders impact perceived concentration.
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