XRP whales now hold 68.5% of supply, highest since November 2022
- —Wallets with 10 million+ XRP hold 68.5% of supply, the most since November 2022
- —The 10 million–100 million XRP tier shrank from 351 to 339 wallets
- —About 47 million XRP worth $61 million moved onto exchanges with the token near $1.29
- —$1.26 is the key support; a break opens the door to $1.11
Why it matters: Rising whale concentration and exchange inflows raise the risk of a break below $1.26 support and a slide toward $1.11.
Source: Crypto Briefing