I just looked at XRP wallet holder data, and something caught my attention. About 6 million wallets hold only 500 XRP or less, but on the other hand, there are a handful of people controlling millions or even billions of coins. This extreme concentration makes distribution quite problematic. A year ago, 1000 XRP was only around $500, but now it has risen to a much higher level. So, retail traders find it increasingly difficult to accumulate large amounts. Interestingly, some analysts say that Bitcoin's movements are much more influential in determining XRP's direction than its own supply factors. Up to now, XRP mostly follows Bitcoin's momentum, so when BTC is bullish, XRP usually follows, and vice versa. It's worth keeping an eye on this development.