{"id":10300,"date":"2025-07-24T16:47:36","date_gmt":"2025-07-24T16:47:36","guid":{"rendered":"https:\/\/cryptonewsdesk.com\/?p=10300"},"modified":"2025-07-24T16:47:40","modified_gmt":"2025-07-24T16:47:40","slug":"ripple-co-founder-moves-140m-in-xrp-to-exchanges-traders-worry-about-insider-selling","status":"publish","type":"post","link":"https:\/\/cryptonewsdesk.com\/index.php\/2025\/07\/24\/ripple-co-founder-moves-140m-in-xrp-to-exchanges-traders-worry-about-insider-selling\/","title":{"rendered":"Ripple Co-Founder Moves $140M in XRP to Exchanges Traders Worry About Insider Selling"},"content":{"rendered":"\n

Traders in the XRP community are sounding the alarm after a massive transfer of tokens linked to Ripple co-founder Chris Larsen<\/strong>. According to on-chain sleuth ZachXBT<\/strong>, Larsen moved around $175 million worth of XRP<\/strong> between July 17 and 24<\/strong> and a significant chunk of that, around $140 million<\/strong>, appears to have been sent to crypto exchanges<\/strong>.<\/p>\n\n\n\n

That\u2019s raised eyebrows across the board.<\/p>\n\n\n\n

What\u2019s the Concern?<\/h3>\n\n\n\n

In crypto, when a big holder moves assets to an exchange, it\u2019s often a red flag that they\u2019re preparing to sell<\/strong>. And while no direct sale has been confirmed, the timing doesn\u2019t look great: XRP dropped 8% on July 24<\/strong>, hitting a weekly low of $2.99<\/strong>. The token also slipped below its 4-hour moving average<\/strong>, prompting even more speculation among traders.<\/p>\n\n\n\n

Of course, it\u2019s not just XRP that\u2019s feeling the pressure. The broader crypto market has been in a bit of a slump this week, so it\u2019s hard to pin the entire drop on this one move. But still, the optics aren\u2019t great.<\/p>\n\n\n\n

Community Reaction<\/h3>\n\n\n\n

Crypto Twitter didn\u2019t take long to react. Some users began questioning how decentralized XRP really is, considering such a large stash of tokens is still under the control of insiders like Larsen.<\/p>\n\n\n\n

ZachXBT added more fuel to the fire by pointing out that wallets linked to Larsen still hold over 2.81 billion XRP<\/strong> currently valued at roughly $8.4 billion<\/strong>. That\u2019s a huge amount of potential selling pressure that could hit the market at any time.<\/p>\n\n\n\n

And once those tokens land in centralized exchanges? They’re essentially untraceable until a sale happens.<\/p>\n\n\n\n

So, What\u2019s Next?<\/h3>\n\n\n\n

While there\u2019s no official word from Larsen or Ripple, the situation highlights a lingering tension in the XRP community: the influence insiders still have over price movements<\/strong>. Even if Larsen isn\u2019t selling immediately, the market is watching closely and the fear of a bigger selloff isn\u2019t going away.<\/p>\n\n\n\n

For now, all eyes are on the remaining billions in those wallets and what their next move might be.<\/p>\n","protected":false},"excerpt":{"rendered":"

Traders in the XRP community are sounding the alarm after a massive transfer of tokens linked to Ripple co-founder Chris Larsen. According to on-chain sleuth ZachXBT, Larsen moved around $175 million worth of XRP between July 17 and 24 and a significant chunk of that, around $140 million, appears to have been sent to crypto…<\/p>\n","protected":false},"author":3,"featured_media":10301,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[667,482,321],"class_list":["post-10300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-finance","tag-decentralization","tag-ripple","tag-xrp"],"yoast_head":"\nRipple Co-Founder Moves $140M in XRP to Exchanges Traders Worry About Insider Selling - Crypto News<\/title>\n<meta name=\"description\" content=\"Ripple co-founder Chris Larsen moved $140M in XRP to exchanges, raising fears of insider selling. 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