Over 500,000 Wallets Hold 10.7 Million XRP in Idle Balances

Blockchain data shows significant XRP holdings remain inactive across hundreds of thousands of wallets.

XRP

Summary

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Terms & Concepts
  • XRP: The native cryptocurrency of the XRP Ledger, used for fast and low-cost cross-border payments.
  • Idle Balance: Cryptocurrency holdings stored in a wallet that have not been moved or transacted for a significant period.
  • Blockchain Data: Information derived from analyzing the public ledger of a blockchain, detailing transactions, wallet balances, and network activity.