Who are the major players with significant XRP holdings?

3 answers

• tamil guyMar 30, 2023 · 2 years ago
  Certainly! Ripple, the company behind XRP, is one of the major players with significant XRP holdings. They hold a large portion of the total supply of XRP. Additionally, there are several cryptocurrency exchanges, such as Binance and Coinbase, that hold a significant amount of XRP in their wallets. These exchanges often hold XRP on behalf of their users who trade the cryptocurrency. It's worth noting that individual investors and institutional investors also hold a substantial amount of XRP.
  496

  248
• KlimpiApr 03, 2021 · 4 years ago
  The major players with significant XRP holdings include Ripple, which is the company that created XRP. Ripple holds a large amount of XRP and uses it for various purposes, including facilitating cross-border transactions. Other major players include cryptocurrency exchanges like Binance, Bitstamp, and Kraken, which hold XRP in their wallets for trading purposes. Additionally, there are individual investors and institutional investors who hold a significant amount of XRP as part of their investment portfolios.
  514

  172
• Harsha BJun 01, 2024 · a year ago
  When it comes to major players with significant XRP holdings, Ripple is definitely at the top of the list. As the company behind XRP, Ripple holds a substantial amount of the cryptocurrency. In addition to Ripple, there are also other cryptocurrency exchanges and financial institutions that hold a significant amount of XRP. These players often hold XRP for various reasons, such as liquidity provision or investment purposes. It's important to note that the distribution of XRP holdings is not limited to a few entities, but rather spread across a diverse range of participants in the cryptocurrency market.
  609

  153