最新报道:XRP's market cap reaches $169.23 billion in September 2025, surpassing major institutions like BlackRock. Whale activity, with thresholds from 50,000 to 10 million XRP, significantly impacts price volatility due to limited liquid supply. Ripple controls 35.6 billion XRP in escrow, while major exchanges hold 10-12% of total supply, raising centralization concerns despite regulatory clarity as a utility token.