XRP Falls Nearly 2.5% As Ripple Co-Founder Transfers $150 Million Worth Of Coins From Wallet — Analyst Says, 'He's Dumping On Yo - Blog View

XRP Falls Nearly 2.5% As Ripple Co-Founder Transfers $150 Million Worth Of Coins From Wallet — Analyst Says, 'He's Dumping On Yo

click to rate

Posted by Two Blokes Fri at 3:45 AM - Filed in Crypto - 1 view

A wallet tied to Ripple co-founder and executive chairman Chris Larsen transferred out hundreds of millions worth of XRP (CRYPTO: XRP) over the last week. What happened: Around 50 million XRP tokens have been moved from the address since July 17, totaling $155 million at current prices, according to on-chain analytics firm CryptoQuant.