RED ALERT IN XRP!
Co-founder of Ripple, Chris Larsen, moves MILLIONS to CEX and Unknown Wallets
Is a massive sale preparing or is it just a strategic reorganization?
The crypto community is on edge after a series of significant movements of #xrp by Chris Larsen, co-founder and executive chairman of #Ripple
Blockchain data reveals that Larsen transferred $26 million in XRP to Coinbase last Tuesday. These movements were made in four batches of 2 million XRP each, with a current value exceeding $7 million per batch.
But the activity didn't stop there. On Thursday, several additional transactions were recorded, sending more than $40 million in XRP to unknown addresses. Although there is no confirmation that Larsen sold these XRP, sending large amounts of tokens to centralized exchange platforms often precedes a sale.
These recent movements are part of a broader trend observed since the beginning of the year. Larsen's same wallet has sent a total of 106 million XRP, currently valued at $371 million, both to centralized exchanges and auxiliary wallets.
