Wallet Linked to Former Ripple CEO Moves 50M XRP After 11 Years!

The post Wallet Linked to Former Ripple CEO Moves 50M XRP After 11 Years! appeared first on Coinpedia Fintech News

Whale Alert has reported a massive transfer of 50 million XRP, worth approximately $29.1 million, from Former Ripple CEO Chris Larsen to an unknown wallet. This transaction is notable as it is the first major transfer from Larsen’s wallet since its creation in 2013. Following this transfer, only $450 million XRP remains in Larsen’s linked wallet. The sudden shift has caught the attention of XRP holders and market watchers, raising speculation about potential impacts on XRP’s price. As one of the prominent figures in the XRP community, Larsen’s actions are closely monitored