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XRP is trading at $1.38, showing a decline but remaining within its established range. Beneath the surface price action, a fresh supply audit explains why the asset feels stagnant and reveals who actually controls the distribution. New data indicates that the answer to “who controls XRP” is far more concentrated than the token’s 68 billion circulating supply suggests.
Data from XRPSCAN shows that the ten largest known entities collectively hold approximately 64.1% of the total XRP supply. Ripple Inc. alone accounts for nearly 40% of the supply, distributed across 31 tracked accounts. A significant portion of this is locked in escrow rather than being freely tradable.
Exchanges round out the list of major holders: UPbit holds 6.41 billion XRP, Coinbase holds 5.82 billion, and Binance holds 2.74 billion. Much of this exchange-held supply is custodial, held on behalf of users.
This concentration becomes particularly significant when the price sits at a critical decision point. XRP’s August rally to $1.70 has faded into a consolidation phase, and the next major move likely hinges on whether large holders defend or sell into the current support band.
Can XRP Price Hit $2 This Week?
XRP is consolidating near $1.35, within a range that has held for several trading sessions. Daily volume remains robust, running above $2 billion. The $1.35–$1.38 zone remains the critical level to watch. It is backed by the largest historical trading volume on URPD metrics and aligns with the 200-day Exponential Moving Average (EMA), making it the market’s key support line.
XRP Price Indicators: 24h, 7d, 30d, 1y, All time
- Bull case: A clean hold above $1.38 opens a path through resistance at $1.55, $1.60, and $1.68. A breakout above $1.86 would clear the way toward $2.19.
- Base case: Continued choppy price action between $1.35 and $1.45 while the market waits for a catalyst.
- Bear case: A break below $1.35 risks a slide toward $1.31, then $1.27, invalidating the near-term bullish structure.
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Recent breakout analysis flags $1.43 as a key level for maintaining bullish momentum. This level should be tracked closely over the next few sessions.
Maxi Doge Targets Early Mover Upside as Ripple Tests Key Levels
XRP’s price action rewards patience rather than conviction. With top-50 wallet concentration north of 43%, large holders—not retail sentiment—often dictate where support breaks. This dynamic is manageable for a $1.35 asset with a $200 billion+ market cap, but it offers less excitement for investors seeking asymmetric upside.
This is where presale-stage tokens like Maxi Doge begin to look different, featuring smaller supply, no legacy overhang, and more room for price movement.
pic.twitter.com/Vg6OpDX6Bq
— MaxiDoge (@MaxiDoge_) August 13, 2026
Maxi Doge leverages gym-bro meme culture with a “1000x leverage trading mentality” pitch. The project includes holder-only trading competitions, leaderboard rewards, and a Maxi Fund treasury backing liquidity and partnerships.
The token is currently priced at $0.0002838, with $4,858,000 raised so far. Dynamic APY staking is live for early holders.
Research Maxi Doge before allocating.
Trade XRP on Bybit and get a chance to win our $1,000 USDT Airdrop.
The post XRP Faces Key Levels as Top Holders Reveal Who Controls the Supply appeared first on Cryptonews.
