The latest blockchain data analysis shows that starting from July 17, 2025, a series of wallet addresses associated with Ripple co-founder Chris Larsen underwent a large-scale transfer of XRP tokens. It is reported that approximately 50 million XRP (worth about 175 million USD) was dispersed into four different addresses.

This action has attracted widespread attention from the cryptocurrency community. It is worth noting that in this massive transfer, approximately 80% (equivalent to $140 million) of the XRP ultimately flowed to major exchanges and financial service institutions. This flow of funds is often seen as a signal that could affect market liquidity.

Although Larsen himself has not publicly commented on the matter, industry experts speculate that it may be related to Ripple's long-term development strategy or personal investment decisions. At the same time, such a large-scale transfer has once again sparked discussions about the influence of large holders (commonly referred to as "whales") on the market.

With the spread of this news, XRP's price and trading volume have experienced some fluctuations. Investors and analysts are closely monitoring the subsequent developments to assess the potential impact of this large-scale transfer on the XRP ecosystem and the broader cryptocurrency market.