XRP Drops 14% After $175M Moved to Exchange by Ripple Co-Founder's Wallet

XRP slipped from last-week's record high as a wallet attributed to Ripple co-founder Chris Larsen made a number of large transactions. Between July 17 and July 24, the wallet transferred 50 million XRP, worth approximately $175 million. Some $140 million of that was directed to centralized exchanges, according to blockchain analyst ZachXBT. Transferring tokens to … Read more

Ripple Co-Founder Moves $175M XRP, Draws Criticism Over Timing

A wallet tied to Ripple co-founder Chris Larsen moved 50 million XRP, worth around $175 million, between July 17 and Wednesday, sparking backlash from the crypto community amid a pullback in XRP’s price. Blockchain sleuth ZachXBT flagged the transactions in a Thursday post on X, noting that roughly $140 million of the XRP (XRP) was … Read more

Ripple Co-Founder Moves $175M XRP, Draws Criticism Over Timing

A wallet tied to Ripple co-founder Chris Larsen moved 50 million XRP, worth around $175 million, between July 17 and Wednesday, sparking backlash from the crypto community amid a pullback in XRP’s price. Blockchain sleuth ZachXBT flagged the transactions in a Thursday post on X, noting that roughly $140 million of the XRP (XRP) was … Read more

Ripple Co-Founder Moves $175M XRP, Draws Criticism Over Timing

A wallet tied to Ripple co-founder Chris Larsen moved 50 million XRP, worth around $175 million, between July 17 and Wednesday, sparking backlash from the crypto community amid a pullback in XRP’s price. Blockchain sleuth ZachXBT flagged the transactions in a Thursday post on X, noting that roughly $140 million of the XRP (XRP) was … Read more

Ripple Co-Founder Moves $175M XRP, Draws Criticism Over Timing

A wallet tied to Ripple co-founder Chris Larsen moved 50 million XRP, worth around $175 million, between July 17 and Wednesday, sparking backlash from the crypto community amid a pullback in XRP’s price. Blockchain sleuth ZachXBT flagged the transactions in a Thursday post on X, noting that roughly $140 million of the XRP (XRP) was … Read more

Ripple Co-Founder Moves $175M XRP, Draws Criticism Over Timing

A wallet tied to Ripple co-founder Chris Larsen moved 50 million XRP, worth around $175 million, between July 17 and Wednesday, sparking backlash from the crypto community amid a pullback in XRP’s price. Blockchain sleuth ZachXBT flagged the transactions in a Thursday post on X, noting that roughly $140 million of the XRP (XRP) was … Read more

Ripple Co-Founder Moves $175M XRP, Draws Criticism Over Timing

A wallet tied to Ripple co-founder Chris Larsen moved 50 million XRP, worth around $175 million, between July 17 and Wednesday, sparking backlash from the crypto community amid a pullback in XRP’s price. Blockchain sleuth ZachXBT flagged the transactions in a Thursday post on X, noting that roughly $140 million of the XRP (XRP) was … Read more

Ripple Co-Founder Moves $175M XRP, Draws Criticism Over Timing

A wallet tied to Ripple co-founder Chris Larsen moved 50 million XRP, worth around $175 million, between July 17 and Wednesday, sparking backlash from the crypto community amid a pullback in XRP’s price. Blockchain sleuth ZachXBT flagged the transactions in a Thursday post on X, noting that roughly $140 million of the XRP (XRP) was … Read more

Ripple Co-Founder Moves $175M XRP, Draws Criticism Over Timing

A wallet tied to Ripple co-founder Chris Larsen moved 50 million XRP, worth around $175 million, between July 17 and Wednesday, sparking backlash from the crypto community amid a pullback in XRP’s price. Blockchain sleuth ZachXBT flagged the transactions in a Thursday post on X, noting that roughly $140 million of the XRP (XRP) was … Read more

Ripple Co-Founder Moves $175M XRP, Draws Criticism Over Timing

A wallet tied to Ripple co-founder Chris Larsen moved 50 million XRP, worth around $175 million, between July 17 and Wednesday, sparking backlash from the crypto community amid a pullback in XRP’s price. Blockchain sleuth ZachXBT flagged the transactions in a Thursday post on X, noting that roughly $140 million of the XRP (XRP) was … Read more