🚨 Chris Larsen Moves $175M Worth of $XRP — Market Reacts

Ripple’s co-founder, Chris Larsen, has made headlines after transferring 50 million $XRP between July 17–23. The massive move has sparked debate and concern within the crypto community.

🔎 Blockchain investigator @zachxbt tracked the activity and revealed:

• Around $140M was sent to centralized exchanges

• Two key wallets each received 30M XRP

• XRP price dipped 17%, sliding from $3.60 to below $3.10

📉 Despite the dump, Larsen still holds a massive 2.81 billion XRP, valued at approximately $8.4B — representing nearly 5% of the total XRP supply.

Now the community is divided:

👉 Is this a strategic reshuffle to new wallets and institutions?

👉 Or the beginning of a larger sell-off from insiders?

This move comes amid broader questions about XRP’s decentralization and long-term holder confidence.

#XRPNews #CryptoMarket #CryptoWhales #BlockchainTransparency