XRP Faces Key Levels as Top Holders Reveal Who Controls the Supply

XRP trades at $1.38, falling but still inside its range. Below the surface, a fresh supply audit shows why price feels stuck, and who’s actually pulling the strings.

New data suggests the answer to “who controls XRP” is a lot narrower than the token’s 68 billion circulating supply.XRPSCAN data shows the ten largest known entities collectively hold approximately 64.1% of the total XRP supply.

Ripple alone accounts for nearly 40%, split across 31 tracked accounts. With the bulk of that locked in escrow rather than freely tradable.

Exchanges round out the list: UPbit holds 6.41 billion XRP, Coinbase 5.82 billion, Binance 2.74 billion, most of it custodial on behalf of users.That concentration matters more when the price sits at a decision point.