Ripple co-founder moves $140 million in XRP to exchanges: ZachXBT

A wallet linked to Ripple co-founder Chris Larsen has moved around $140 million in XRP to exchange-linked addresses over the past week, according to blockchain investigator ZachXBT.
The wallet transferred 50 million XRP in total — 30 million to two known exchange wallets, 10 million to a third, and the rest split across two newly created addresses.
Larsen-linked accounts still hold about 2.81 billion XRP, worth roughly $9 billion.
Large transfers from early Ripple insiders often raise market concerns due to XRP’s concentrated supply. The SEC previously alleged that Larsen and his spouse sold $450 million in XRP between 2017 and 2020.
XRP briefly hit an all-time high of $3.65 on July 18 but has since cooled as traders took profits and altcoins dipped broadly.
#CryptoScamSurge #AmericaAIActionPlan #BTRPreTGE #CryptoClarityAct #BNBBreaksATH

A wallet linked to Ripple co-founder Chris Larsen has moved around $140 million in XRP to exchange-linked addresses over the past week, according to blockchain investigator ZachXBT.
The wallet transferred 50 million XRP in total — 30 million to two known exchange wallets, 10 million to a third, and the rest split across two newly created addresses.
Larsen-linked accounts still hold about 2.81 billion XRP, worth roughly $9 billion.
Large transfers from early Ripple insiders often raise market concerns due to XRP’s concentrated supply. The SEC previously alleged that Larsen and his spouse sold $450 million in XRP between 2017 and 2020.
XRP briefly hit an all-time high of $3.65 on July 18 but has since cooled as traders took profits and altcoins dipped broadly.
#CryptoScamSurge #AmericaAIActionPlan #BTRPreTGE #CryptoClarityAct #BNBBreaksATH