XRP Disturbance: Ripple Co-Founder’s $140 Million Move Sparks Panic! šŸ˜±šŸ’ø

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In the grand theatre of cryptocurrency, one cannot help but observe the theatrics of a certain Ripple co-founder, a figure imbued with the weighty aura of both mystery and mistrust. As if grasping at the ephemeral threads of fortune, he orchestrated a movement, a veritable ballet of coinage, that saw a staggering $140 million in XRP slip from his grasp and waltz its way to exchanges where it may be prepared for sale. Traders, those vigilant souls, cast anxious glances skyward, pondering whether this was merely a tactical maneuver or a herald of impending doomā€”innumerable coins now teetering on the brink of ruin.

  • In an astonishing endeavor, the co-founder of Ripple transferred $140 million into the eager hands of exchanges, as observed by the astute ZachXBT.
  • Investors, gripped by foreboding, pondered the possibility of nefarious insider trading.
  • The XRP token, once soaring in its aspirations, found itself plunged to a disheartening nadir of $2.99, suffering an 8% decline.

Let us reflect upon this moment in time. The wallet of the illustrious Chris Larsen, linked indelibly to the very fabric of Ripple, transferred no less than $175 million in XRP tokens between the dates of July 17 and July 24ā€”a sum that even the most opulent of tsars would consider remarkable.

Our investigative sage, ZachXBT, illuminated the scene with an analysis befitting the keenest of minds. Of this fortune, $140 million found refuge in the cold embrace of exchange addresses.

Such a whirlwind of wallet activity coincided ominously with a crushing descent in the price of XRP. On July 24, the token, like a ship beset by tempestuous seas, reached its weekly low, sinking mercilessly to $2.99ā€”an 8% plunge in the span of a mere day’s sun. And traders, ever observant, murmured with trepidation as XRP dipped below the revered 4-hour moving average trendline, an ominous sign indeed.

xrp broke h4 trend for the first time since $2.2

ā€” blanc (@blancxbt) July 23, 2025

Yet, to declare solely that the XRP price demise could be attributed to the co-founder’s activities would be to ignore a broader lamentā€”the murmurings of a faltering crypto market that sagged upon the shoulders of many.

XRP Holders: A Chorus of Woe Over Insiders’ Transactions

In the wake of these wallet machinations, the digital community on Twitter erupted into speculation, branding the co-founder as a possible asset-dumper. These traders, clutching their phones like sacred tomes, questioned the very concept of decentralization when such immense power resided in the hands of few, like the enigmatic Larsen.

Beware, for the large migrations from digital wallets to centralized exchanges often suggest that holders are preparing to rid themselves of their burdensome assets. Once the funds step foot upon exchange wallets, they become shadows, eluding the keen gaze of blockchain analysis.

ZachXBT furnished the onlookers with a scintilla of hopeā€”Larsen’s wallets still boast an impressive bounty of over 2.81 billion XRP, translating into approximately $8.4 billion in present value. Ah, but the question looms: Will he wield this power with restraint, or shall he unleash further waves of selling pressure upon the trembling masses?

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2025-07-24 17:35