- Chris Larsen transfers millions in XRP as market reacts sharply.
- XRP price drops after major offloading by Ripple chairman.
- Larsen’s wallets move again, triggering fear across XRP community.
Ripple co-founder and executive chairman Chris Larsen has continued a pattern of significant XRP transfers, raising renewed concern within the market. Early this week, on July 16, 2025, Larsen moved $26 million worth of XRP to Coinbase.
The transaction was tracked by XRPscan, which confirmed the activity originated from one of Larsen’s known wallets. This transfer coincided with XRP reaching $3.25, its highest price in over seven months.
According to blockchain analyst ZachXBT, another 50 million XRP, valued at $175 million, was moved just a day later, with approximately $140 million ending up on exchanges. These back-to-back transfers have put the XRP market on edge
Since July 17, 2025 an address linked to Ripple co-founder Chris Larsen transferred out 50M XRP ($175M) to four addresses.
~$140M ended up at exchanges/services
30M XRP recipient
rPS9kVPbgZF4vXq2hs6s9Xv2754qdRau98
rnQXgGAjqbF4KoBpcBK5YBHyZEL7nGWWoi
10M XRP recipient…
— ZachXBT (@zachxbt) July 24, 2025
Pattern of Selling Mirrors Price Peaks
Since January 2025, Larsen has offloaded approximately 106 million XRP, totaling around $344 million. His transactions have often aligned with XRP price highs, suggesting a strategy to take advantage of favorable conditions.
This pattern has drawn increased attention from analysts and traders, who now closely monitor his wallets for signs of market shifts.
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Wallets linked to Larsen received the funds in batches, with one address getting 30 million XRP, another 10 million, and two newer wallets each credited with 5 million. This method of dispersal is consistent with previous high-volume activity. The frequency of these movements has triggered market-wide caution.
XRP Leadership Activity Draws Increased Market Scrutiny
The 4-hour chart from Binance showed a sharp decline in XRP’s price after the transfers. The token dropped from $3.6607 to $3.0200, falling below a key moving average. A spike in trading volume confirmed intense selling pressure as large amounts of XRP entered exchanges.
On Twitter, Blanc (@blancxbt) wrote that the effect was so dramatic and was described as ‘Uber drivers in pain’. This suggestion depicted the outrage of retail holders, usually with low values, who saw their positions collapse rapidly.
Source: @blancxbt
The number of transactions linked to Chris Larsen’s wallet has increased, and since January, he has transferred almost 106 million XRP. This practice is still casting aspersions, particularly since his holdings remain estimated at 2.6 billion XRP.
The size and frequency of the transfers, though no public explanation has been provided, have heightened speculations on the motives behind Ripple’s internal decision. Traders are now observing any additional activity that will influence the path of XRP.
Conclusion
Chris Larsen’s latest XRP transfers have deepened concerns among traders and analysts. With more than $344 million in offloads since January, his continued activity remains a key focus for the XRP community. As XRP attempts to regain stability, market observers will closely monitor any further movements from leadership-linked wallets.
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