On July 17, Ripple co-founder Chris Larsen transferred $30 million worth of XRP to Coinbase, and the next day XRP hit an all-time high of $3.65.
Since the start of 2025, he has moved $344 million worth of XRP to exchanges.
Larsen currently holds about 2.6 billion XRP, valued at over $8.5 billion, with Forbes estimating his net worth at $9.7 billion.
