On July 18, 2025, Ripple co-founder Chris Larsen made a significant move by transferring $26 million in cryptocurrency $XRP to the Coinbase exchange. According to blockchain data, the transaction occurred as XRP approached a seven-month high, sparking speculation among investors. This transfer is part of Larsen's broader activity, having moved over 106 million XRP (about $344 million) since January 2025. Such actions coincided with a period of price growth for XRP, which rose to $3.50, only 15% below its all-time high.
Experts suggest that this may be a preparation for large sales or a strategic move ahead of a possible launch of an ETF on XRP, which is rumored. Other sources point to increased interest from institutional investors in the asset following positive changes in cryptocurrency regulation in the US. At the same time, some analysts warn of potential volatility associated with large 'whale' transactions.
This event underscores the growing role of XRP in the financial ecosystem and attention to Ripple. The market is closely monitoring Larsen's further moves, which may impact the price and trust in the token.
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