Ripple Co-founder Moves $175M XRP to Exchanges

Ripple co-founder Chris Larsen transferred $175 million in XRP to exchanges around July 23, 2025, inciting significant attention from the cryptocurrency market.

This action draws scrutiny due to its potential effects on market dynamics and has led to calls for greater transparency from Ripple executives.

Chris Larsen Transfers 50 Million XRP

Chris Larsen, a prominent figure in blockchain, has made his first substantial crypto transfer since Ripple’s founding in 2012. His movement of 50 million XRP spurs debates on market stability and executive influence. ZachXBT, a blockchain investigator, noted, “Wallets linked to Chris Larsen still hold over 2.81 billion XRP (worth $8.4 billion).

In July 2025, Larsen’s wallet made significant transfers of around $140 million to centralized exchanges, indicating possible liquidity intent. He holds a substantial XRP portion, affecting trader sentiment.

XRP Market Faces Potential Price Volatility

The XRP market reacted with concerns of a potential sell-off, given the significant amount transferred. Analysts predict potential price volatility due to perceived sell pressure from these exchange inflows.

Current exchange inflows suggest a possible price impact, but no regulatory actions have been initiated. The absence of official statements adds to market unease, reflecting historical founder sell-offs in crypto markets. For insights on future regulations that might address such market dynamics, Ritik discusses the future of crypto regulations.

Founder Sales Historically Affect XRP Prices

Past incidents of founder XRP sales, like Jed McCaleb’s ongoing sales post-Ripple, led to price ceilings. Such activities traditionally face investor negativity and hurt short-term momentum.

Experts highlight that large XRP movements could alter market sentiment and structure. Historical trends show such activities may lead to temporary market impacts and increased scrutiny of Ripple’s practices. For example, Garlinghouse addresses Ripple’s position in the market.

This structured perspective on key events emphasizes the importance of understanding traditional market responses to significant executive actions within the context of cryptocurrency influence.

Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing.
Redaksi Media
Author: Redaksi Media

Cryptocurrency Media

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments