CandleFocus Ripple Chairman Larsen Moves 20M XRP Days After Shuffling 50M
2024-09-21
Author: Content Editor
The Chairman of Ripple, Chris Larsen, has moved 20 million XRP tokens, sparking speculation that the tokens may be headed to the cryptocurrency exchange Binance. This comes after Larsen moved 50 million XRP earlier in September. The recipient address of the tokens has a history of receiving XRP and then sending them to Binance. Some speculators suggest that the transactions may be linked to a hack, but this is unlikely. Larsen has not confirmed any exploit and it has been five days since the movements.
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