XRP The wealth ranking data shows that recently, the threshold for holding large amounts of assets by addresses has been continuously rising. The changes in data indicate that the required amount of XRP to enter different holding ranges is increasing, reflecting an upward trend in the balances of high-holding wallets.
The holding threshold continues to rise.
It takes approximately 2,126 XRP to enter the top 10% of wallets. To enter the top 5%, 7,462 are required; for the top 4%, 10,020 are needed; for the top 3%, 14,003 are necessary; and to enter the top 2%, 21,765 are required.
The higher thresholds are also moving upward. The top 0.5% require 80,000 XRP, the top 0.2% require 158,000, and the top 0.1% require 276,000.
High concentration of top wallets
To enter the top 0.01%, approximately 3.577 million XRP are required, with about 810 wallets holding this quantity. The data cited by Coinpedia also shows that the relevant threshold has been continuously increasing in recent weeks.
Market Implication
The article argues that this change indicates that large amounts of XRP addresses are still accumulating positions. If this trend continues, the amount of XRP required to enter various levels of wallets may continue to rise.
