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A wallet linked to Ripple co-founder Chris Larsen has transferred 50 million XRP, worth around $175 million, since July 17, with $140 million sent to exchanges. This activity coincided with XRP’s price hitting a record $3.6 on July 18. The wallet group was dormant for years and previously moved large amounts in January 2025. These transfers come after a $112 million XRP hack on Larsen’s wallets in 2024, raising ongoing interest from the crypto community.
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- Qadir AK
Qadir AK
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
- Jul 24, 2025 10:49 UTC
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Ripple Co-Founder’s Wallet Moves $175M in XRP Amid Price Rally
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