Unknown Whale Becomes Second-Largest XRP Holder With 1.80 Billion Tokens

A wallet identified as "rJ9Ey7H" was activated on December 1, 2024, and now holds 1.80 billion XRP, equal to 1.8% of XRP’s 100 billion maximum supply.

XRP

Summary

A previously unidentified wallet, "rJ9Ey7H," has emerged as the second-largest XRP holder, according to the provided information. The wallet was activated with 10 XRP on December 1, 2024, by an address labeled "rLD5k3" and currently holds 1.80 billion XRP. That balance represents 1.8% of XRP’s maximum supply of 100 billion tokens, highlighting how concentrated large crypto holdings can be in a small number of wallets. Large holders, often called whales, can attract market attention because their movements may affect liquidity and trading sentiment, although the source does not indicate any recent transfers or sales from this address.

Terms & Concepts
  • Whale: A crypto wallet or investor holding a very large amount of a digital asset, often large enough to influence market attention and liquidity.
  • Maximum supply: The total number of tokens that can ever exist for a cryptocurrency, used to measure how large a wallet’s holdings are relative to the full supply.
  • Wallet address: A blockchain account identifier used to send, receive, and hold digital assets on a cryptocurrency network.