CandleFocus Ripple Chairman Chris Larsen Moves 20M XRP Now Worth $60.5M
2025-01-16
Author: Content Editor
Ripple chairman Chris Larsen transferred 20 million XRP to an unknown wallet address, sparking speculation within the XRP community. The tokens were worth $60.54 million, indicating a price of $3.027 when Larsen made the transfer. The recipient address then transferred 10 million XRP to another unknown wallet and later liquidated 4 million tokens through Coinbase. The remaining tokens may also be moved to Coinbase. Larsen's address has previously engaged in high-value transactions, leading to speculation of a similar liquidation campaign. The Larsen wallet currently holds 420 million XRP, while Larsen himself holds 2.72 billion XRP across six wallets.
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