XRP Nears All-Time High as Ripple Founder Moves Millions to Coinbase

Ripple co-founder and Executive Chairman Chris Larsen has transferred millions of dollars worth of XRP to Coinbase, sparking speculation about a potential sell-off. The move comes as XRP eyes a potential all-time high, drawing attention from market participants. Large transfers to exchanges often signal impending liquidation, but Larsen's intentions remain unclear. The timing aligns with renewed bullish momentum in the cryptocurrency market, with XRP showing strong performance. As of July 2025, XRP is approaching its historical peak, fueling optimism among investors. This development highlights the ongoing dynamics between major stakeholders and market movements in the crypto space. The transaction underscores the importance of monitoring whale activity for potential market shifts. With XRP's price action under scrutiny, the coming weeks could prove pivotal for its trajectory.

Ripple Founder Chris Larsen Moves Millions More XRP to Coinbase With All-Time High in Sight

Ripple co-founder and Executive Chairman Chris Larsen has transferred millions of dollars worth of XRP to Coinbase, sparking speculation about a potential sell-off. The MOVE comes as XRP eyes a potential all-time high, drawing attention from market participants.

Large transfers to exchanges often signal impending liquidation, but Larsen's intentions remain unclear. The timing aligns with renewed bullish sentiment across crypto markets, particularly for assets with strong institutional backing like XRP.

XRP Price Prediction 18 July, 2025: Open Interest Surge Fuels Rally

Ripple's XRP has surged 6% in 24 hours as open interest for its futures contracts hits $10 billion, signaling strong bullish sentiment. The rally follows a 300% increase in open interest since early July, with CME Group's XRP futures also reaching a record $459 million.

Regulatory tailwinds, including the Genius Act passage and a new XRP-linked ETF, have propelled XRP to become the top performer among major cryptocurrencies with 67% year-to-date gains. The token now sits just 10.1% below its all-time high after breaking through the $3.40 resistance level.

Ripple Settles $125M SEC Fine in Cash, XRP Lawsuit Nears Resolution

Former SEC official Marc Fagel disclosed that Ripple has already paid its $125 million penalty to the U.S. Securities and Exchange Commission in cash, dispelling speculation about an XRP-denominated settlement. The payment was held in escrow pending appeals, with funds set to transfer to the SEC upon formal case closure.

The revelation counters community theories about the U.S. government liquidating Bitcoin reserves to facilitate an XRP-based settlement. Fagel emphasized the SEC would never accept payment in cryptocurrency, requiring strict adherence to court-ordered cash settlements. This development marks a pivotal step toward resolving Ripple's protracted legal battle with regulators.

Barstool’s Dave Portnoy Misses Millions in XRP Rally After Premature Sale

Barstool Sports founder Dave Portnoy sold his XRP holdings at $2.40, only to watch the cryptocurrency surge 52% to a record $3.65 within weeks. The impulsive move, driven by concerns over stablecoin competition, cost him potential millions in profits. "I could've made millions," Portnoy admitted in a July 18 social media post that showed his transaction history.

XRP's rally coincides with bullish momentum across crypto markets following the July 9 passage of the GENIUS Act in Congress. The token gained 5% in 24 hours as derivatives markets reflected soaring confidence, with XRP perpetual futures open interest hitting $8.8 billion. Retail investors like Portnoy continue struggling with emotional decision-making in volatile conditions, often exiting positions during critical accumulation phases.