Ripple Co-Founder’s $140M XRP Transfer Signals Confidence Amid Price Rally
In a significant move highlighting the ongoing bullish momentum for XRP, Ripple executive chairman and co-founder Chris Larsen has transferred 50 million XRP (worth approximately $175 million) since July 17, with $140 million reportedly funneled into cryptocurrency exchanges. This activity coincides with XRP's recent surge to a record high of $3.65 before stabilizing around $3.25. Blockchain investigator ZachXBT identified the transactions across four addresses, noting substantial exchange deposits. Despite the large-scale movements, XRP has maintained a nearly 50% price increase, underscoring strong market confidence. The timing of these transfers suggests strategic positioning by Larsen amid the asset's upward trajectory, potentially signaling further growth or institutional interest. As of August 2025, XRP continues to demonstrate resilience in the crypto market, with analysts closely watching for ripple effects from these high-volume transactions.
Ripple Co-Founder Moves $140M in XRP to Exchanges Amid Price Surge
Ripple executive chairman Chris Larsen has transferred 50 million XRP (worth approximately $175 million) since July 17, with $140 million reportedly reaching cryptocurrency exchanges. The movements occurred as XRP reached a record high of $3.65 last week before settling at $3.25.
Blockchain investigator ZachXBT traced the transactions to four addresses, noting significant exchange deposits. XRP remains up nearly 50% over the past month, buoyed by favorable regulatory developments for digital assets.
Larsen co-created XRP as a settlement solution for financial institutions. The token's recent performance highlights growing institutional interest in blockchain-based payment solutions despite ongoing market volatility.
XRP Ledger Shifts from Retail to Institutional Activity Amid Price Surge
The XRP Ledger is undergoing a fundamental transformation, shedding its retail user base while evolving into an interbank settlement network. Daily active accounts have plummeted 50% since January, from 39,500 to 19,500, even as XRP hit record prices last week.
Serotonin analytics reveal a paradox: collapsing user counts coincide with intensified capital deployment. Payment transactions now dominate 99.7% of on-ledger activity, marginalizing decentralized exchange trades. "This isn't the same network we saw in 2023," notes Paige Horinek, tracking the wholesale migration of casual participants.
The ledger's metamorphosis mirrors broader crypto maturation—where institutional infrastructure displaces speculative retail trading. XRP's price resilience despite user attrition suggests deepening liquidity pools among professional market participants.
XRP Faces Downward Pressure as Exchange Reserves Climb
XRP's price trajectory shows signs of strain after a volatile week, with the token hovering NEAR $3.19 following a 7% weekly decline. The rally that pushed prices to $3.65 earlier this month has lost momentum, leaving critical support at $3.21 vulnerable.
On-chain metrics reveal troubling signals: Exchange reserves surged by $600 million to $3.5 billion, according to CryptoQuant data. This accumulation on trading platforms typically precedes sell-side pressure, as holders position for liquidation. The pattern mirrors previous correction phases where rising supply on exchanges accelerated downturns.
Technical indicators suggest consolidation could break downward. Should $3.21 fail to hold, analysts anticipate rapid depreciation. Market participants are monitoring the reserve trend closely—continued growth may validate bearish scenarios.
XRP Price Prediction: Charts Hint at $3.55 Retest After Recovery
XRP has rebounded from a 10% drop, with technical charts now suggesting a potential retest of the $3.55 resistance level in the short term. The recovery follows a healthy correction that analysts believe could set the stage for the next phase of the rally.
A bullish reversal is taking shape after XRP found support at $2.96, with momentum building as the price climbed to $3.24. The pattern of ascending lows—from $2.96 to $3.11—signals weakening bearish pressure. Reclaiming the $3.10 support level was critical, and a breakout above the $3.23-$3.25 resistance zone could confirm a stronger recovery.
Market participants remain cautious, however. A sharp surge beyond $3.55 in the next 30 days WOULD likely require a significant catalyst, such as regulatory clarity or institutional adoption.
XRP Price Rebounds from $2.96 Low Despite 10% Drop as Ripple Fights Volatility
XRP trades at $3.11 after recovering from yesterday's $2.96 low, marking a 10% correction. Technical indicators show mixed signals as Ripple approaches key resistance. The cryptocurrency's RSI at 59.29 suggests neutral momentum with potential for recovery, while the recent rebound hints at a bullish reversal formation.
Market turbulence saw XRP fall from $3.45 to $2.96 within 24 hours, reflecting broader uncertainty. Despite this, Ripple's ecosystem shows strength with 7.2 million XRP wallets now active—a milestone underscoring growing adoption. CEO Brad Garlinghouse's warning about increased scammer activity adds caution to otherwise positive fundamentals.
XRP Plummets 10% Amid $175 Million Whale Transfers to Exchanges
XRP's value tumbled 10% to $3.09 following large-scale transfers of $175 million worth of tokens to centralized exchanges. The moves, linked to Ripple co-founder Chris Larsen, sparked fears of an impending sell-off and market manipulation.
Between July 17 and July 23, 2025, Larsen reportedly shifted 50 million XRP to four wallet addresses, with $140 million ultimately deposited on exchanges. On-chain analyst ZachXBT highlighted the transactions, which coincided with XRP's recent peak of $3.60 on July 18. The token bottomed at $2.99 before stabilizing.
The crypto community remains split—some decry centralization risks, while retail investors brace for volatility. The timing of the transfers, just days after a yearly high, has fueled accusations of orchestrated selling pressure.
