Ripple’s RLUSD Supply Surge: Key Holders Analyzed
- RLUSD supply on Ethereum increased by $4.4 million in two weeks.
- 768 addresses currently hold the RLUSD token.
- Over 70% of RLUSD supply remains in Ripple’s Deployer wallet or contract address.
The concentration of over 70% of RLUSD supply within Ripple’s own wallets suggests potential market control, which could influence regulatory scrutiny and investor confidence regarding liquidity and decentralization. This distribution pattern may impact the token’s price stability and attract attention from financial regulators concerned with market manipulation risks.
