Exchanges and Company Ripple Dominate Top XRP Accounts, Revealing Liquidity and Institutional Control

Mr. Xaif Crypto, a market analyst, highlights a concentrated distribution of XRP holdings that underlines how liquidity, custody, and institutional control shape price dynamics. Top accounts are dominated by exchanges and Company Ripple, with Company Bithumb holding 1.84 billion XRP, Company Binance at 1.70 billion XRP, and Company Uphold at 1.51 billion XRP. Company Ripple itself retains 1.33 billion XRP, emphasizing its active role in liquidity provision and market operations.

This concentration is not merely an ownership statistic; it is a structural market signal. When a handful of custodial wallets control billions of tokens, they effectively steer liquidity depth, short-term price volatility, and the availability of XRP for large trades. Institutional wallets and exchanges act as both market makers and custodians, enabling high-volume trades while also possessing the capacity to reallocate supply swiftly, which can trigger substantial price swings.

Notably, the leaderboard also includes Company Upbit with 1.27 billion XRP and an anonymous wallet with 1.24 billion XRP. These positions complete a highly concentrated top six that reflects significant custodial influence worldwide. For investors and traders, the distribution implies that on-chain flows from these addresses can meaningfully affect short-term liquidity and order book depth on major venues.

Company Ripple's strategic holdings are particularly important. Their retained XRP supports supply management, market-making operations, and financial partnerships. The recent renewal of a custody deal with Company Garanti BBVA Crypto in Turkey reinforces the emphasis on secure storage for XRP as well as for Bitcoin and Ethereum, ensuring institutional-grade custody and cross-asset custody solutions. Such arrangements enhance confidence for institutional counterparties and can lower frictions for large-volume trading.

From an analysis perspective, tracking top wallets becomes a strategic tool rather than a mere curiosity. On-chain monitoring offers early signals of liquidity migration, accumulation, or distribution. When exchanges increase custody positions, it often corresponds with rising trading demand or preparation for increased withdrawal flows. Conversely, large transfers out of exchange-controlled wallets into cold storage or custodial partnerships can tighten circulating supply and create upward price pressure.

Risk management also merits emphasis. Heavy concentration among a few custodians introduces counterparty risk, operational risk, and potential market manipulation vectors. Exchange solvency, custody policies, and permissioned transfers by Company Ripple can all influence market stability. Traders should consider on-chain flows from these top accounts in tandem with order book depth and macro liquidity indicators.

In conclusion, the dominance of exchanges and Company Ripple in the top XRP accounts is a central dynamic for understanding potential volatility and liquidity shifts. For investors aiming beyond technical charts, monitoring these custodial flows provides actionable insights into supply dynamics, risk exposure, and the possible catalysts for price movement. In an increasingly institutionalized market, custody patterns are among the most telling indicators of where XRP liquidity and sentiment may head next.