A recent analysis of the XRP rich list indicates a further consolidation of tokens among holders as of November. The data highlights a consistent decrease in the number of XRP tokens held by top-tier accounts, offering a detailed perspective on the evolving ownership landscape within the XRP network.
Key Distribution Metrics
According to the data shared by crypto enthusiast Cryptobilbuwoo0, the top 0.01% of XRP wallets, numbering 724 accounts, each possess a minimum of 4,656,990 XRP. Expanding this view, the top 0.1% comprises 7,242 wallets, each holding over 323,157 XRP. For the top 1% of holders, which includes 72,421 wallets, the minimum balance stands at 49,998 XRP. The top 10% of XRP wallets maintain balances of approximately 2,322 XRP.
#XRP Rich List. People's XRP holdings are getting less and less. They want you out of this game. HODL.
https://t.co/xsgkqTegGu pic.twitter.com/n9P4haTqNo
— (X)=chi (R)esurrected (P)=rho (@Cryptobilbuwoo0) November 10, 2025
Shrinking Balances and Supply Consolidation
The observed reduction in XRP holdings across various account tiers signifies a redistribution of tokens within the XRP ecosystem. While smaller and mid-tier holders appear to be reducing their positions, larger accounts are maintaining substantial XRP reserves. This trend suggests that significant holders, often referred to as whales, are demonstrating confidence in XRP. The rich list data indicates that XRP supply is becoming increasingly concentrated among long-term participants who are holding through market volatility.
This redistribution pattern could potentially lay the groundwork for more significant price movements. A decrease in the circulating supply held by speculative traders can lead to tighter market liquidity. Consequently, this can amplify the price impact of future demand increases. A consistent contraction in available supply also suggests a potential easing of selling pressure in the market.
Positive Indicators for Market Strength
The contraction of balances among mid-range accounts may signal that XRP is entering a more mature phase in terms of its holder composition. Investors with larger stakes might be exhibiting stronger conviction in the asset's long-term potential.
Should this consolidation trend persist, XRP's market dynamics could see a strengthening effect. A reduced active circulating supply implies that price reactions to new capital inflows would likely become more pronounced. As liquidity narrows, buyers entering the market will encounter fewer sellers willing to divest their tokens, which can accelerate upward price movements once momentum is re-established.