🚨 Chris Larsen Moves $175M in $XRP
Ripple co-founder Chris Larsen transferred 50M $XRP between July 17–23 - triggering speculation and backlash. Blockchain sleuth zachxbt flagged the moves:
• ~$140M went to centralized exchanges
• Largest transfers: 2 wallets received 30M XRP each
• XRP dropped 17%, from $3.60 to under $3.10
📉 With Larsen still holding 2.81B $XRP (~$8.4B) - nearly 5% of total supply - the community is split: is this a sell-off or just redistribution to long-term holders?
