Ripple’s Chris Larsen Dumps Millions in XRP to Coinbase as Price Nears All-Time High

Ripple co-founder Chris Larsen just made a power move—shifting millions in XRP to Coinbase as the cryptocurrency flirts with its historic peak. Is this a strategic sell-off or just another crypto whale cashing out at retail's expense?

The timing couldn't be more provocative. With XRP's price action mirroring its 2018 bull run, Larsen's transfer raises eyebrows across DeFi circles. Market watchers are torn between interpreting this as a vote of confidence in centralized exchanges or a classic 'buy the rumor, sell the news' play.

Meanwhile, Coinbase's order books absorb the influx without so much as a 1% price dip—proving once again that liquidity solves all sins in crypto-land. The move comes as Ripple's legal team finally sees daylight in their SEC saga, adding fuel to XRP's 30-day rally.

One thing's certain: when founders move this much weight during an ATH approach, someone's about to get rekt. And it's probably not the guy with the nine-figure crypto stash.