XRP Tanks on $175M Transfer, But LF Labs (LF Coin) Becomes Safe Haven
NO LOC, JUL 24 – Chris Larsen moved 50 million XRP worth $175 million, with $140 million sent to exchanges, triggering a 10-17% price drop amid ongoing market volatility, analysts said.
- On July 17, 2025, Ripple co-founder Chris Larsen moved 50 million XRP, according to blockchain investigator ZachXBT.
- 0xLouisT argued about decentralizing his holdings to longer-term holders, while investors are rotating back into Bitcoin, adding market shifts and supply redistribution insights.
- Amid market liquidity concerns, around $140 million was sent to centralized exchanges, fueling speculation of retail dumping, blockchain investigator ZachXBT noted.
- Despite stepping down, Chris Larsen moved 50 million XRP, sparking backlash amid accusations of predatory dumping, while the community questioned Ripple’s ranking and market stability.
- For XRP holders, the next few days could define short-term momentum and test investor patience, as large whale activity and market reactions continue to influence XRP’s outlook.
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29 Articles
Why XRP (Ripple) Is Sinking Today @themotleyfool #stocks $XRP
XRP Price Holds $3 After Breaking Out of Multi-Month Range, What’s Next?
TL;DR XRP breaks out of a 7-month range, now testing $3 as support after touching $3.65. 280 million coins were added by whales as institutional interest in treasury holdings grows fast. No clear resistance zones ahead could fuel volatile moves toward $4.00 and even $4.60. XRP Retests $3 After Exiting Sideways Channel Ripple (XRP) is holding above the $3.00 mark after moving out of a sideways trading zone that lasted more than half a year. From…
In recent days, Chris Larsen, the co-founder of Ripple, has moved $175 million in XRP tokens. While the asset has corrected by 16% since his ATH, it seems that the entrepreneur has taken some profits. We're taking stock. Is Ripple's co-founder selling XRPs on the back of his community? appeared first on Cryptoast.
Ripple (XRP) Price: Co-Founder Chris Larsen Transfers $175 Million After All-Time High
TLDR Ripple co-founder Chris Larsen transferred $140-175 million worth of XRP to exchanges after the token hit $3.65 XRP price dropped over 10% following the transfers, falling from $3.65 to around $3.09 Larsen still controls approximately 2.6-2.81 billion XRP tokens worth over $8 billion On-chain data shows transfers occurred between July 17-24, coinciding with XRP’s price peak A 2012 agreement revealed early founder allocations, raising conce…
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