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Ripple Co-Founder Sells $200 Million in XRP Over 10 Days—What Remains?

Published by bitcoinist.com on 21 hours ago

Ripple Co-Founder Sells $200 Million in XRP Over 10 Days—What Remains?

Chris Larsen, the executive chairman of Ripple, has intensified his ongoing distribution of personal XRP, transferring approximately $200 million worth of the cryptocurrency since July 17, as revealed by public ledger data analyzed by blockchain investigator ZachXBT.

According to the findings, an address associated with Larsen has moved 50 million XRP, valued at around $175 million, to four different addresses since mid-July.

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