In the world of cryptocurrencies, when a whale is detected moving its holdings, it is because something big may happen (for better or worse), which quickly draws the attention of #investors. The most interesting thing here is that this whale is known to the community and is Chris Larsen, co-founder of #Ripple , moving 50 million #xrp since July 17 to #exchanges centralized. What do these movements mean? Let's explore.
According to the researcher #blockchain ZachXBT, it indicates that since July 17, 2025, 50 million XRP tokens belonging to Chris Larsen were moved to 4 wallets (at that time they had a total value of $175 million).
Under this distribution, $140 million in XRP tokens ended up in centralized exchanges (possible sale) and $35 million in#tokens XRP ended up in 2 newly created wallets.
If ZachXBT has been able to detect these wallets, it means that in previous years he had seen similar movements for the same reason that everything is recorded on the blockchain.
Some traders place importance on these movements when trading (due to the large amount), as they believe it could lead to a significant movement in the market.
Furthermore, it is known that these sales have been continuous in the past, starting with Brad Garlinghouse (another co-founder of Ripple) and other alleged sales by Larsen years ago. This is public due to some accusations that the U.S. Securities and Exchange Commission (SEC) has made against these individuals.
Currently, it is known that Chris Larsen still holds 2.8 billion XRP tokens in his holdings, which are valued at nearly $9 billion. Can you imagine if he ever decides to sell everything at once?
This movement of XRP tokens by Larsen was not a mere coincidence, as at that moment (July 17), the cryptocurrency had reached a peak price of $3.66. Did he anticipate the peak?
Just as a result of that peak reached, the price started to fall (-18%), to a greater extent compared to other altcoins that began to correct, leading some investors to wonder if Larsen's movements had anything to do with it.
As we see, whale movements are not something that should go unnoticed, as in some cases we could consider it a variable when making an important decision. The rise of XRP surprised many and the community began to question the reason behind it. In the future, I think it is important to consider the number of tokens that Larsen still owns, as it could strongly move the markets (Concentrated supply). That said, are these movements a warning sign for investors? Or rather, does it generate greater confidence in the new market equilibrium?
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