Ripple co-founder Chris Larsen transferred 50M $XRP ($175M) between July 17-23, sparking 🔥🧨concerns. Blockchain sleuth zachxbt revealed:
- ~$140M sent to centralized exchanges
- 2 wallets received 30M $XRP each
- $ XRP dropped 17% to under $3.10
Larsen still holds 2.81B $XRP ($8.4B), ~5% of the total supply. 📊The community is divided: is this a sell-off or redistribution to long-term holders?⏳
