According to data from the XRP Rich Mansion, the storage threshold for recent large addresses continues to rise. Data changes indicate that the number of XRPs required to enter different holding areas is increasing, reflecting the upward movement of the balance of the high-barrel wallets.
Keep the hold threshold up.
Before entering, 10% of the wallets required approximately 2,126 XRPs. The first 5% requires 7,462, the first 4% 10,020, the first 3% 14,003 and the first 2% 21,765.
The higher threshold is also moving up. The first 0.5 per cent requires 80,000 XRPs, the first 0.2 per cent 158,000 and the first 0.1 per cent 276,000.
Top wallet is more concentrated.
Before entering, 0.01 per cent required approximately 3.577 million XRPs, and about 810 wallets held this amount. This set of data cited by Coinpedia also shows that the relevant threshold has continued to rise in recent weeks.
Market implications
According to the article, this change is an indication that the large XRP address is still accumulated. If this trend continues, the number of XRPs required to enter the various levels of the wallet may continue to rise.