XRP Faces Sell-Off Pressure After $175M Transfer to Exchanges
XRP experienced a sharp 14% decline following a significant transfer of 50 million tokens (worth approximately $175 million) to centralized exchanges by a wallet linked to Ripple co-founder Chris Larsen. Blockchain analyst ZachXBT noted that $140 million of these transfers were likely intended for liquidation, as holding large sums on exchanges is uncommon for long-term purposes. This move has intensified sell-off pressure, causing XRP to drop from its recent record high. The market is now closely watching how this development will impact XRP's future price trajectory and investor sentiment.
XRP Drops 14% After $175M Transfer to Exchanges by Ripple Co-Founder's Wallet
XRP fell sharply from its recent record high after a wallet linked to Ripple co-founder Chris Larsen moved 50 million tokens—worth approximately $175 million—to centralized exchanges. Blockchain analyst ZachXBT identified $140 million of those transfers as likely intended for liquidation, given the uncommon practice of holding large sums on exchanges long-term.
The sell-off pressure accelerated after XRP briefly touched an all-time high of $3.64 before retreating. Thursday's market-wide crypto crash exacerbated the decline, triggering $105 million in XRP long-position liquidations. The token tested support near $3.08, down 10% intraday at its lowest point.
Despite the pullback, traders remain bullish on XRP's medium-term prospects, with price targets converging around $6. Larsen and Ripple have yet to comment, but the co-founder's associated wallets still hold 2.81 billion XRP—roughly 4.6% of the token's total supply.
XRP Price: Network Activity Collapses as Whales Accumulate – What’s Next for XRP?
XRP faces a critical juncture as its price hovers NEAR $3.10, marking a 10.3% drop within 24 hours after failing to breach the $3.65 resistance level. Whale activity tells a tale of divergence—while over 280 million tokens were accumulated in ten days, signaling institutional confidence, a separate transfer of 16.8 million XRP to Coinbase has sparked fears of an impending sell-off.
Network metrics paint a concerning picture. On July 24th, new users plummeted to 1,899, with transactions collapsing to 286K. Yet, technical analysts spot a Cup and Saucer pattern forming, hinting at potential bullish continuation despite the current consolidation. The NVT ratio remains elevated at 699, suggesting the asset may be overvalued relative to its network utility.
Market participants are left weighing conflicting signals: whale accumulation against exchange inflows, technical patterns against network stagnation. The next price movement will likely hinge on whether institutional demand can outweigh speculative pressure.
XRP Price Forecast: $4 Target by 2025 Gains Momentum Amid Institutional Adoption
XRP's rally toward a projected $4 by year-end 2025 appears increasingly plausible as the asset breaches key technical levels. Trading at $3.51 with a 12% weekly gain, the cryptocurrency has surpassed the $3 threshold—validating June's bullish forecast.
Institutional catalysts dominate the narrative. ProShares' XRP futures ETF debut triggered $15.8 billion in single-day volume, while Congressional progress on regulatory clarity mitigates legacy risks. Ripple's xRapid platform now serves 200+ institutions, processing $1.4 billion in Q2—a 26% quarterly surge.
Technical momentum aligns with fundamental drivers. The breakout from consolidation patterns suggests sustained upside potential, particularly as Asian and European payment corridors expand. Market participants now view the $4 target not as aspirational, but inevitable.
Ripple Co-Founder Chris Larsen Sells $175 Million XRP After All-Time High
Ripple co-founder Chris Larsen executed a $175 million XRP sell-off following the cryptocurrency's peak at $3.65 on July 17, 2025. The transactions triggered a 10% price correction, with 50 million tokens funneled through four wallet addresses before reaching exchanges.
On-chain data reveals $140 million landed directly on trading platforms, compounding market volatility. Larsen retains control of 2.8 billion XRP—a $8.4 billion position—reigniting debates about centralized ownership in the supposedly decentralized asset.
The 2012 founder allocation agreement resurfaced during the sell-off, highlighting persistent concerns about insider influence. XRP's price trajectory now hinges on whether investors interpret the MOVE as prudent profit-taking or market manipulation.
Ripple Co-Founder's $200M XRP Sales Spark Market Caution
CryptoQuant analyst Maartunn warns investors against becoming exit liquidity for XRP as Ripple chairman Chris Larsen offloads $200 million worth of the token. The four transactions occurred between July 15-23 at progressively higher price points, suggesting strategic distribution.
Larsen's wallet movements show precise timing: 10M XRP at $2.88, 12.5M at $3.22, 25M at $3.49, with a final undisclosed transaction on July 23. This pattern mirrors classic supply absorption tactics often preceding price corrections.
Market participants should note the inverse relationship between insider selling and retail accumulation. When founders sell into strength, it typically signals diminished upside potential in the near term.
XRP Fibonacci Analysis Points to Potential Surge to $17 and Beyond
Market analyst EGRAG Crypto has identified a bullish measured move for XRP, suggesting a potential rise to $17. The Fibonacci circle projection extends even further, with targets at $6.5, $20, and $35. This outlook follows XRP's recent breakout from a multi-month consolidation range between $2.2 and $2.5, which culminated in a retest of $3.60 before settling at $3.10.
The formation of a bull flag pattern after XRP's 580% rally from November 2024 to January 2025 signals a potential continuation of the uptrend. Such patterns typically indicate a temporary pause before another upward move, mirroring behavior seen in the 2017/2018 bull market. The current consolidation suggests sustained bullish momentum, with traders anticipating the next leg up.
