2025-12-26 18:23:53

Recently, a question has sparked quite a bit of discussion in the community—who actually holds the wealth of XRP?

According to on-chain data, as of mid-year, over 5,000 addresses each hold at least 460,829 XRP. Based on current market prices, these wallets have already surpassed the million-dollar mark on paper. At first glance, it seems like a nationwide wealth explosion is about to happen.

But the reality is much more complicated. Among these 5,000 addresses, a significant portion are actually custodial wallets of exchanges—potentially representing thousands of retail users behind the scenes. In other words, the number of addresses on the chain does not equal the number of true millionaires. Numbers can be deceiving, and this is one way they do it.

Looking a bit deeper, you’ll find even more interesting phenomena. Figures like Ripple co-founder Chris Larsen hold tens of billions of XRP. As the price recovers, he has entered the global billionaire rankings, and his influence on market sentiment has grown accordingly.

This brings us back to a provocative question: Who are the real XRP millionaires?

Are they the addresses counted on the chain? Or the few major holders who truly enjoy the benefits of wealth growth?

In the crypto market, asset concentration is often higher than you imagine. The gap between the wealthy and ordinary holders has never narrowed. This isn’t to deny XRP or other projects’ potential, but to remind you of a reality: being a millionaire on paper sounds cool, but the few who can turn paper wealth into real gains are limited. Instead of fixating on those impressive numbers, it’s more important to understand the distribution behind this wealth. That’s what’s truly worth deeper exploration.

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CryptoTherapist

· 18h ago

nah this is just wealth concentration anxiety manifesting as chain data, we've seen this pattern before. lemme ask—when's the last time you actually meditated on your cost basis instead of obsessing over those address counts? because that's where the real trauma lives, my friend. the numbers lie but your portfolio allocation never does.

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Deconstructionist

· 18h ago

It's the same old story, numbers can indeed be deceptive, but let's not be too pessimistic. It mainly depends on your own costs and strategies. So what if there are many big players? When they sell, we just buy the dip. --- Honestly, Larsen's billions of tokens have been locked up for ages, so it doesn't affect the coins I hold. --- On-chain data isn't that complicated. High concentration is normal. Isn't that the real investment logic? --- Haha, you're just selling anxiety again. True millionaires have long stopped caring about paper numbers; they're thinking about how to cash out. --- What does 5,000 addresses prove? I want to see how much the top 100 addresses hold. --- The exchange wallets are actually the most liquid; they can sell much more easily than retail investors. Haven't you thought of that angle? --- Instead of studying wealth distribution, it's better to look at technical and fundamental analysis, which will determine whether the next move is up or down. --- Basically, before you become a big player, obsessing over this is pointless. Just focus on your own allocation.

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rugged_again

· 18h ago

Here we go again, 5000 addresses all millionaires? Wake up, most of them are still in exchange wallets. --- Chris Larsen alone holds billions, while we retail investors can't even get a sip. --- What's the use of looking good with numbers? If you can't cash out, it's zero. --- That's why I never believe the stories told by on-chain data; it's too deceptive. --- To put it simply, the real money is always made by those big whales. We're just here watching the show. --- With such a high wealth concentration, why still dream of being a millionaire? Laughable. --- I just want to know when Chris Larsen will dump, that would be a real bombshell. --- On-chain millionaires and real millionaires are worlds apart; don't be fooled by these data. --- Someone should have said this long ago. Finally, I see an article that isn't trying to deceive. --- So I'll just hold quietly. Anyway, the big players have already absorbed enough chips.

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IronHeadMiner

· 18h ago

Again and again, the same story—exchanges pretend to be retail investors with millions, but they really know how to play. On-chain data is misleading; it's still the big players harvesting retail investors. Chris Larsen has already made a fortune, while we're still watching the market. Don't be fooled by 5000 addresses; true millionaires are few and far between. This is Web3—beautiful data but harsh reality. Everyone has paper wealth, but few can actually withdraw. Regarding XRP, the influence of big players is too strong. A million on paper and the actual amount received are completely different. The underlying structure is hard to understand; profits are just dreams.

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GasGasGasBro

· 18h ago

Once again, the numbers look good but all the money is in the hands of the big players. We retail investors are just here to watch the show. On-chain data is misleading; a quick tally of exchange wallets doubles the numbers. I just want to know when it will be our turn. Chris has already made a fortune long ago. Is it too late for us to enter now, brother? The dream of becoming a millionaire sounds great, but when it comes to cashing out, you'll realize what depth really means. Don't be blinded by the numbers. In a nutshell, the wealth gap has never narrowed. Isn't this the eternal truth of the crypto world?

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GateUser-6bc33122

· 18h ago

It's the same story again, the data looks good but all the money is in the hands of big players. Retail investors should just watch the show. --- Chris Larsen has dozens of billions of coins? That's incredible. This is what a true millionaire looks like. --- When exchange custody wallets are pulled, 5000 addresses instantly become a joke. On-chain data can indeed be deceptive. --- Basically, the wealth concentration is outrageously high, and the numbers on ordinary people's books can't be truly realized. --- It's always like this. When hype is about concepts, they don't mention concentration. When prices fall, they blame retail investors for not being firm. It's hilarious. --- Having a million dollars on paper sounds great, but when it comes to real withdrawal, the difference becomes clear. --- That's a good question. Only after understanding XRP's wealth distribution structure would I dare to get on board. --- The premise for big players to cut the leeks is this kind of information asymmetry. It's high time to take a good look at on-chain data.

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