Elites Don’t Care If XRP Makes Only A Few People Wealthy, Crypto CEO Emphasizes

Edward Farina, CEO of Alpha Lions Academy, recently shared a detailed analysis regarding XRP ownership through a tweet and an accompanying video presentation. In his post, Farina emphasized that global ownership of XRP is limited, challenging assumptions that a widespread distribution of XRP could significantly disrupt existing financial power structures. Farina stated that “the elites couldn’t care less if a few people become wealthy from XRP,” explaining that only about one in every 5,000 people currently holds XRP. He said the number of unique wallets is even lower when considering multiple wallet holders. Farina provided a comprehensive walk-through of the XRP wallet distribution data, using publicly available blockchain records. The “elites” couldn’t care less if a few people become wealthy from $XRP . In fact, it’s estimated that only 1 out of 5,000 people holds XRP — and considering many individuals own multiple wallets, the real number is even lower. pic.twitter.com/zUFj0AWfi8 — EDO FARINA 🅧 XRP (@edward_farina) April 27, 2025 Wallet Numbers Do Not Reflect Unique Holders Farina revealed that while there are about 6.4 million XRP wallets, the figure does not correspond to 6.4 million individual holders. Farina disclosed owning between 20 and 25 XRP wallets for trading, cold storage, and diversification across different custody platforms. He stressed that many holders operate similarly, utilizing multiple addresses for security and organizational reasons. Further breaking down the numbers, Farina noted that 2.6 million wallets hold balances of up to 20 XRP, and most of these likely contain less than 10 XRP after accounting for the network’s reserve requirements. An additional 2.5 million wallets fall within the 20 to 500 XRP range. Farina underscored that many of these smaller wallets belong to casual participants or were established and never significantly funded. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Estimates of True XRP Ownership Citing information generated through a query to ChatGPT, Farina explained that many wallets are empty, inactive, or are custodial wallets held by exchanges like Binance and Uphold. By adjusting for these factors, the real number of individual self-custody holders was estimated to be between 1.5 million and 2 million worldwide. Farina believes the number could be even lower, suggesting a figure closer to one million unique XRP holders. Farina discussed the financial implications for those currently holding XRP. He estimated that an average smallholder might possess around 250 XRP tokens. Should the price of XRP rise to $1,000, the resulting gain would be approximately $250,000 per holder. Farina questioned whether such outcomes would genuinely concern the elites or government entities, concluding they would not be troubled by a relatively small group of individuals achieving moderate wealth. The Importance of Long-Term Strategy Farina also discussed the behavioral challenges of long-term holding, arguing that few investors will maintain their positions until XRP reaches significant valuations. He noted that many are likely to sell at interim milestones such as $10, $30, or $100 per XRP, drastically reducing the number of individuals who could eventually achieve larger profits. Farina encouraged his audience to develop a long-term investment strategy, maintain a clear vision for the future, and exercise self-custody to protect their assets. He invited viewers to review the XRP Rich List themselves to gain a deeper understanding of the distribution landscape, and he expressed hope that committed holders would endure until broader adoption of XRP technology occurs. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Elites Don’t Care If XRP Makes Only A Few People Wealthy, Crypto CEO Emphasizes appeared first on Times Tabloid .

Source: TimesTabloid