XRP Rich List Update: New Largest Single Wallet Holder Emerges, See How Much it Has

A major development has caught the attention of the XRP community following a recent update that signals a notable shift in token concentration. The update revealed that a new name now holds the largest single XRP wallet, reshaping the distribution landscape of one of the market’s most followed assets.

Xaif (@Xaif_Crypto) revealed in a recent post on X that Uphold’s digital asset platform now dominates the biggest publicly known XRP wallet. The wallet operated by the exchange contains over 1.83 billion XRP worth approximately $3.7 billion.

The wallet, last used on April 11, 2025, surpassed the previous leadership positions of Ripple, Binance, and Bithumb. Centralized platforms embark on a new phase of taking major responsibilities in XRP custody operations.

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Uphold’s Strategic Accumulation Reflects Longstanding XRP Alignment

Uphold’s climb to the top of the XRP wallet rankings is not a random development. The exchange has consistently backed XRP, even during the legal standoff between Ripple and the U.S. Securities and Exchange Commission.

While many trading platforms restricted or removed XRP trading, Uphold stood firm in its decision to keep the asset listed. This earned the trust of a large segment of the XRP community, who viewed the move as a vote of confidence in XRP’s long-term potential.

Recently, Uphold made a strategic decision by accumulating more than two billion XRP, demonstrating its commitment beyond focusing solely on daily trading volume. The acquisition positions the company for long-term activities, which strengthens its pro-XRP reputation in the eyes of both holders and market observers.

Ripple lost the title of largest individual wallet after distributing XRP across multiple escrow and company holdings, which exceeded 36 billion. Public data shows that Ripple now ranks at number four and five on the largest holders list.

This historical move demonstrates that centralized exchanges now hold the biggest token stakes. Through their operations, these platforms actively shape new frameworks regarding token possession and dispersion methods.

Uphold’s recent accumulation happens at a crucial time for XRP’s expansion among institutions and utilization requirements. A platform that prominently displays held assets creates better investor self-confidence and builds stronger network trust.

Conclusion

Uphold’s rise to the top of the XRP rich list reflects a deeper trend of strategic accumulation by centralized platforms. This change in wallet leadership marks a critical moment in XRP’s evolving ecosystem and may influence how the asset is perceived by both investors and institutions in the future.

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