Main notes
- Chris Larsen moved 26 million dollars from XRP to Coinbase amid a strong prices.
- XRP reached $ 3.25, only 3.8 % lower than its highest level ever from January 2018.
- Larsen has transferred $ 344 million in XRP since January, which has caused the investor’s attention.
The co -founder of Ripple Chris Larsen comes back with the headlines again, as he traded large quantities of XRP
Xrp
$ 3.06
24 hours fluctuation:
5.1 %
The maximum market:
$ 180.66 b
Folder. 24h:
$ 6.85 b
As the cryptocurrency approaches its highest level in more than seven years. Market monitors closely follow this trend, with a new interest now on the latter’s transfer of millions of dollars in XRP.
He moved 26 million dollars XRP to Coinbase with high prices
According to the hadith DLNEWS report,, A wallet linked to the Rice Larsen, one of the founders of Ripple, has transferred XRP with a value of $ 26 million to Coinbase on July 15. The move came with the height of XRP to $ 3.25, slightly lower than its highest level ever at $ 3.40, which was reached in January 2018.
It should be noted that after that, Coinspeaker mentioned this XRP has risen About 30 %. The height came before the expected launch of Proshares XRP ETF, which added more attention to the original. It is worth noting that the timing of Larsen’s transfer raised questions between market monitors.
Since the beginning of 2025, Larsen’s wallet has sent more than 106 million XRP. The value of these coins is about 344 million dollars on different platforms. This fixed flow indicates the constant asset movements by the founder of Ripple. It is likely to come in response to the wider encrypted currency. The gathering has gained more strength yet Bitcoin
BTC
119 dollars 366
24 hours fluctuation:
2.1 %
The maximum market:
2.38 dollars R.
Folder. 24h:
49.42 dollars b
Hit the highest new level ever From 122,838 dollars A few days ago.
Larsen’s XRP movements come at a time when the original is among the best weekly winners in the market. According to a report issued by Coinspeaker, Crypto expert Ali Martinez has participated that senior investors have received 2.2 billion XRP over the past two weeks. After this development, some market analysts believe XRP can Access to the highest new level ever Later this year.
Larsen’s wealth and Ripple position in the encryption market
Chris Larsen is still a major figure in the coded currency space. Participated in the establishment of Ripple in 2013 to improve the cross -border payments using Blockchain technology.
Although he resigned as an executive head in 2016, he continues to work as an executive president. Larsen owns about 2.6 billion XRP, and is now about $ 8.3 billion. His total net wealth, according to Forsa, increased to $ 9.7 billion from $ 3.2 billion in the previous year.
In addition to his commercial dealings, Chris Larsen is famous for his political donations. In late 2024, he contributed one million dollars from XRP to the campaign of former PAC to support the campaign of former Vice President Kamala Harris. Other democratic figures have also supported in the past.
It should be noted that Ripple had taken great steps in 2025. Take, for example, XRP, which recently exceeded USDT from Tether Tether
USDT
$ 1.00
24 hours fluctuation:
0.1 %
The maximum market:
160.06 dollars b
Folder. 24h:
131.90 dollars b
To become the third largest encrypted currency depending on the market value. As of writing this report, the currency was priced at $ 3.248, an increase of 9.57 % in 24 hours.
In a previous report, Coinspeaker stated that Ripple has also applied for American National Banking Licensing With the Currency Observer Office (OCC).
Meanwhile, webus International, a Chinese company listed on the Nasdaq Stock Exchange, adhered to $ 300 million in building the XRP wardrobe. If anything, the movements of the strategic assets of Larsen highlight the sophisticated XRP and Ripple scenery, as both entities continue to form the global digital currency space.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Benjamin Jodfrey is a blockchain lover and journalist who enjoys writing about the real life applications of Blockchain technology and innovations to pay public acceptance and complementarity all over the world for emerging technology. His desire to educate people about encrypted currencies inspire his contributions to the media and famous sites in Blockchain.
The post Ripple Co-Founder Chris Larsen Cashing Out XRP Amid New Yearly High Record first appeared on Investorempires.com.
