XRP’s rich list raises an interesting question about supply concentration. According to the figures reported on October 13, Ripple holds around 35.6 billion XRP across its accounts and escrow. Upbit and Coinbase-linked wallets also account for billions of $XRP . But there’s an important detail people can easily overlook: a large wallet balance doesn’t necessarily mean the exchange owns all those tokens. Some of that XRP belongs to customers, and wallet ownership isn’t always easy to verify. For me, the bigger story isn’t just how much XRP sits in the largest wallets. It’s understanding who controls that supply, how much is actually available to trade, and how future movements could affect market liquidity. XRP’s distribution is worth watching, but concentration alone doesn’t tell us where the price is heading next. What do you think matters more for XRP’s long-term outlook: its supply distribution or growing market demand? $BTC #BTC Correction Incoming?# #Altcoin Season#