Ripple’s Chris Larsen Dumps Millions in XRP to Coinbase as ATH Looms—Bullish or Bailout?
Ripple co-founder Chris Larsen just fired another multimillion-dollar XRP salvo at Coinbase—right as the token flirts with all-time highs. Is this strategic profit-taking or a lack of faith in the pending rally?
The whale move sparks déjà vu
Larsen's latest transfer mirrors his 2023 playbook, when XRP prices cratered after similar mega-dumps. This time, the crypto's clinging to 90% gains year-to-date—but history suggests whales know when the music's about to stop.
Coinbase effect or coincidence?
The exchange listing famously turbocharged XRP's 2017 bull run. Now, with Ripple's legal wins fueling fresh institutional interest, Larsen's timing either signals insider confidence...or a brilliant exit strategy before the SEC's next move.
Wall Street's watching—and laughing
Traditional finance sharks smell blood. 'Crypto's golden boy cashing out before his own company's moon mission?' chuckles one hedge fund MD. 'Either he's the worst hype man ever—or the smartest guy in the room.'
