Ripple Co-Founder Moves $175M in XRP Since July 17

Ripple's Chris Larsen-linked wallet transferred 50M XRP, with $140M going to exchanges since July 17, 2025.

Ava NakamuraJuly 24, 2025 - 1:15 PM

Ripple XRP transfer from Chris Larsen wallet

Altcoin

50 million XRP moved from a wallet linked to Chris Larsen
$140 million worth of XRP sent to exchanges or related services
Two new wallets received 5 million XRP each

According to on-chain data revealed by blockchain sleuth ZachXBT, a wallet address connected to Ripple co-founder Chris Larsen has been moving large amounts of XRP tokens in recent days. Beginning July 17, 2025, the wallet has transferred 50 million XRP, worth approximately $175 million, to four different addresses.

This activity has stirred conversations across the crypto community, especially since the movements come at a time of heightened regulatory scrutiny and market fluctuations.

$140M XRP Flowing Into Exchanges Raises Speculation

Out of the total transferred amount, around $140 million worth of XRP has ended up at centralized exchanges or associated platforms. This has led to speculation that the tokens might be intended for liquidation, institutional deals, or strategic movement to custodial wallets.

Given Larsen’s significant role in Ripple and his long-held XRP reserves, these transfers naturally spark concerns about potential market impact. Some investors fear the possibility of price volatility, especially if large chunks of the transferred XRP are sold.

According to on-chain investigator ZachXBT, since July 17, 2025, a wallet address linked to Ripple co-founder Chris Larsen has transferred 50 million XRP (approximately $175 million) to four different addresses. Around $140 million worth of XRP has flowed into exchanges or…
— Wu Blockchain (@WuBlockchain) July 24, 2025

Two New Wallets Receive 5M XRP Each

Interestingly, part of the transfer—10 million XRP in total—went to two previously unseen wallet addresses, each receiving 5 million XRP. These could represent new custodial accounts, cold wallets, or potential business partners.

While Ripple has not released any public statement about these transfers, the movements have reignited debates around token transparency, insider activity, and the concentration of XRP holdings among Ripple’s early team members.

With the crypto market already facing pressure from macroeconomic events and regulatory debates, large-scale XRP moves by insiders are likely to remain under scrutiny.

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