Long-dormant XRP wallets linked to Ripple co-founder Chris Larsen have suddenly become active, transferring over $109 million worth of XRP to exchanges in January 2025. Despite this, approximately 2.7 billion XRP, valued at $7.18 billion, still remains in these wallets. The sudden activation of these wallets has raised questions in the crypto community, with speculation ranging from Larsen liquidating his holdings to losing access to the funds. The transfer of such large amounts of XRP could impact the market, but XRP's price has remained stable. There has been no official statement from Larsen or Ripple regarding these transfers, causing speculation to continue. The announcement of a U.S. Strategic Crypto Reserve, which includes XRP, by President Trump has also had an impact on the market. Stakeholders are closely monitoring the situation for potential market impacts.
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