XRP trades at $1.38, consolidating after a summer rally that pushed the price to $1.70. According to XRPSCAN data, the ten largest known entities collectively hold approximately 64.1% of total XRP supply, with Ripple alone accounting for nearly 40% across 31 tracked accounts. Exchanges round out the list: UPbit (6.41 billion tokens), Coinbase (5.82 billion), and Binance (2.74 billion). The key support zone sits between $1.35 and $1.38, aligned with the 200-day moving average, while resistance levels to watch are set at $1.55, $1.60, and $1.68. With daily volume exceeding $2 billion and a market cap over $200 billion, it is the concentration among large holders, not retail sentiment, that will determine the next price move.
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