Ripple Whales Control Nearly 70% of Supply as XRP Eyes Major Breakout
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XRP climbed past $1.50 in crypto markets as traders reacted to fresh movement around the US CLARITY Act and large holders increased positions. Santiment reports wallets holding at least 10 million XRP now control 45.83 billion tokens worth about $68.5 billion, the largest concentration in eight years, indicating accumulation-driven price support but elevated concentration risk for token market impact and adoption.
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XRP climbed past $1.50 on Thursday as large holders added to their positions and traders reacted to fresh movement around the US CLARITY Act.
According to data shared by Santiment, the asset’s largest holders are sitting on more of the token than they have in eight years, with wallets holding at least 10 million XRP now controlling a combined 45.83 billion tokens, worth roughly $68.5 billion.
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