Aliya Queen
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Bearish
🚨 XRP DUMP ALERT: Ripple Co-Founder Sparks Controversy 🚨
Ripple’s co-founder Chris Larsen is under fire after moving a massive 50 million XRP—worth nearly $175 million—right as prices hovered near local highs. Blockchain investigator ZachXBT flagged the suspicious timing, revealing that around $140 million of that was sent to centralized exchanges, often a telltale sign of an impending sell-off. The XRP community didn’t take it lightly, with many accusing Larsen of “dumping” on retail investors during a fragile market moment. The backlash intensified when it was revealed that wallets linked to Larsen still hold over 2.81 billion XRP, currently valued at a staggering $8.4 billion. With XRP trading around $3.09 and a market cap of $183 billion, Larsen alone controls nearly 4.6% of the entire supply. That kind of weight, if unloaded quickly, could send serious shockwaves through the market. Investors are now watching closely, wondering: is more selling pressure coming?
$XRP
#Xrp🔥🔥 #XRP #CryptoClarityAct
Ripple’s co-founder Chris Larsen is under fire after moving a massive 50 million XRP—worth nearly $175 million—right as prices hovered near local highs. Blockchain investigator ZachXBT flagged the suspicious timing, revealing that around $140 million of that was sent to centralized exchanges, often a telltale sign of an impending sell-off. The XRP community didn’t take it lightly, with many accusing Larsen of “dumping” on retail investors during a fragile market moment. The backlash intensified when it was revealed that wallets linked to Larsen still hold over 2.81 billion XRP, currently valued at a staggering $8.4 billion. With XRP trading around $3.09 and a market cap of $183 billion, Larsen alone controls nearly 4.6% of the entire supply. That kind of weight, if unloaded quickly, could send serious shockwaves through the market. Investors are now watching closely, wondering: is more selling pressure coming?
$XRP
#Xrp🔥🔥 #XRP #CryptoClarityAct
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