XRP Eyes $1.50 as Top Wallets Reach 68.5% Supply Concentration

XRP is edging closer to the $1.50 level, with momentum aligning alongside increased accumulation from large market holders.

Data from crypto analytics firm Santiment shows that wallets holding at least 10 million XRP now collectively control about 45.83 billion tokens, worth approximately $68.5 billion.

This accumulation means these large wallets account for around 68.5% of the total XRP supply, marking the highest concentration recorded since May 2018.

Source: Santiment