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$140M XRP moved to exchanges by Ripple's Larsen amid price surge.

25.07.2025 02:45

Chris Larsen, co-founder of Ripple, recently transferred a significant amount of XRP, prompting speculation within the cryptocurrency community. Over the past week, he moved approximately 50 million XRP, totaling around $175 million, to four different addresses. A blockchain investigator, ZachXBT, publicly documented these transactions on X, highlighting that a substantial portion – over $140 million – ended up in cryptocurrency exchanges.

These substantial transfers coincided with XRP reaching a record high of $3.65 last week, a price point not seen for seven years. The price has since experienced a slight dip, currently trading around $3.25 according to CoinGecko. Despite this minor correction, XRP remains significantly higher – nearly 50% – than its price a month ago, reflecting the broader market's positive trend fueled by a more supportive regulatory landscape for digital assets.

The timing of Larsen's transactions has sparked interest, leading to various interpretations among market watchers. Larsen’s actions, however, might not necessarily reflect a bearish sentiment. It's important to note that the transactions occurred during a period of significant price appreciation. Furthermore, the move may be entirely unrelated to market predictions or speculation.

Larsen's involvement with XRP is deeply rooted in its origins. He co-created XRP to facilitate cross-border payments for financial institutions. Although Ripple, the fintech company he leads, operates independently of XRP, the cryptocurrency's blockchain underpins some of Ripple's products. The company is actively involved in shaping cryptocurrency policy, engaging with the White House and seeking broader adoption by major banks. This proactive approach follows a challenging period including a major lawsuit by the SEC, alleging the sale of unregistered securities. While this case is resolved, Ripple continues to strive for mainstream acceptance of XRP.