Chris Larsen Wallet Moves 50M XRP, $140M Hits Exchanges

    Ripple co-founder Chris Larsen's linked wallet has moved 50M XRP since July 17, over $140M has reached exchanges.

    Chris Larsen Wallet Moves 50M XRP, $140M Hits Exchanges

    Quick Take

    Summary is AI generated, newsroom reviewed.

    • Chris Larsen-linked wallet moves 50M XRP since July 17, worth $175M.

    • $140M reportedly sent to exchanges and services, triggering sell-off fears.

    • XRP price action turns shaky as traders brace for possible market impact.

    Ripple co-founder Chris Larsen has stirred the crypto waters once again. Since July 17, 2025, a wallet linked to him moved 50 million XRP, according to blockchain investigator ZachXBT. The value of this transfer is a staggering $175 million.

    Roughly $140 million of that ended up at crypto exchanges and service platforms. While it’s unclear if these were direct sell-offs, the volume has triggered fresh fears about potential price pressure.

    Exchange Inflows Raise Eyebrows

    Analysts warn that large exchange inflows can lead to sudden sell-offs or planned liquidations. Though Larsen hasn’t publicly commented, the scale of the move is hard to ignore. “Transfers of this size typically signal something strategic,” said the market analyst.

    About $35 million worth of XRP was sent to new, previously inactive addresses. Whether these are cold wallets or staging points remains unclear. Still, the market doesn’t like guesswork, especially when it involves a co-founder moving massive funds.

    Market Sentiment Wavers

    XRP’s price has struggled in recent weeks. After breaking key resistance levels, it showed weakness on the 4-hour chart, falling below $2.20, a level many traders watched closely. Some now fear further downside if the $140 million ends up sold on open markets.

    Traders reacted quickly. XRP 24-hour volume spiked, and social chatter around Ripple surged. Memes, speculation, and panic posts flew across X (formerly Twitter), reflecting mixed emotions.

    Investors on Edge

    The sudden shift in funds raises old questions about Ripple’s leadership and token control. Though Larsen no longer plays an executive role, his wallet activity still moves markets, literally and emotionally. 

    Investors holding XRP are now watching for signs: will the price tank, stabilize, or recover? Analysts are divided. Some believe the market has matured enough to absorb the sell pressure. Others expect volatility ahead.

    What’s Next?

    If the funds were meant for strategic purposes, like OTC deals or treasury management, the market may calm down. However, without clear communication, speculation reigns. This event serves as a reminder that whales still cast long shadows in crypto. For XRP holders, the next few days could define short-term momentum and test investor patience.

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