XRP Millionaire Holders Decline 30% Amid Market Volatility

The number of XRP holders with portfolios exceeding $1 million has decreased in recent weeks, a trend attributed to the ongoing price fluctuations in the cryptocurrency market. Since February 2025, XRP has experienced a nearly 30% drop due to broader market bearishness, which continued into March. Despite a subsequent 6.98% rebound, the overall market instability has led to significant shifts in investor positions.

At the current price of $2.49 per token, an investor would need to hold over 434,782 XRP to maintain a portfolio worth $1 million. This is a notable change from when XRP was valued at $3, where only 333,333 tokens were required to reach the millionaire threshold. Consequently, many investors who previously held $1 million worth of XRP have now fallen below this mark.

On-chain data from the Rich List resource indicates that the lowest tier of XRP millionaire addresses, those holding between 500,000 and 1 million tokens, now consists of 2,278 investors. The next tier, comprising holders with balances between 1 million and 5 million XRP, accounts for 1,922 addresses, collectively controlling over 4.4 billion XRP, which represents approximately 7.5% of the circulating supply. Meanwhile, only 208 wallets hold between 5 million and 10 million XRP, amounting to a combined total of 1.397 billion tokens.

There are currently 270 addresses with balances between 10 million and 20 million XRP. A smaller group of investors, totaling 56, holds between 100 million and 500 million tokens, while only 24 wallets maintain holdings between 500 million and 1 billion XRP. These larger addresses are likely affiliated with Ripple or cryptocurrency exchanges. At the highest level, just five wallets hold over 1 billion XRP. In total, there are 4,904 addresses containing at least $1 million worth of XRP, representing only 0.077% of the 6.288 million XRP wallets currently in existence.

Despite the decrease in the number of millionaire XRP holders, many of those who remain in this category have continued to accumulate more tokens. On-chain data shows that investors with significant XRP balances have been increasing their holdings in response to the price decline. Wallets containing between 1 million and 10 million XRP have collectively acquired an additional 200 million tokens since February 17, bringing their total to 5.61 billion XRP. Similarly, holders with balances ranging from 10 million to 100 million XRP have added 290 million tokens during the same period, raising their combined holdings to 6.83 billion XRP.

This accumulation suggests that while some investors have exited due to declining prices, others view the situation as an opportunity to strengthen their positions in anticipation of future growth. The shifting distribution of XRP holdings highlights the ongoing uncertainty in the market. As prices fluctuate, some investors continue to accumulate, while others find themselves priced out of the millionaire category. Despite recent price increases, XRP remains in a volatile position, and investor behavior will likely continue to adjust based on broader market trends.