Understanding XRP Ownership: Distribution, Major Holders, and Market Implications
1. Key Players in XRP Ownership LandscapeRipple Labs stands as the dominant force in the XRP ownership landscape, controlling a substantial reserve of approximately 46 billion XRP tokens, primarily held through escrow mechanisms that regulate supply releases. This position underscores Ripple's foundational role in the XRP Ledger network, where it initially created the total supply of 100 billion XRP. Chris Larsen, Ripple's co-founder and executive chairman, holds around 5 billion XRP, positionin