Ah okay I see hundreds of thousands of those wallets are actually institutional investors. I don't think you understand what you are saying. Secondly I am aware that the largest wallets are exchanges (hence my comment about not including the individual accounts held on exchanges). They represent tens of thousands of individual retail investors. The 300,000 wallets you see there are a massive underestimate of the total number of account holders. I have provided you evidence of a ridiculous number of retail investors. I challenge you to show me holdings of institutional investors who as you believe must be holding billions of XRP and are continuously buying on the exchanges where Ripple, it's founders and Xpring recipients are dumping on.