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The Daily Hodl 2025-03-03 20:55:59

Ripple’s Chris Larsen Holding $7,180,000,000 in XRP, Sent $109,000,000 Worth to Exchanges in January: ZachXBT

Ripple co-founder and executive chairman Chris Larsen still controls over $7 billion in XRP tokens, according to on-chain investigator ZachXBT. Posting in his Telegram channel, ZachXBT lists seven addresses on the XRP Ledger (XRPL) that he says were activated by Larsen and are still active today. The on-chain sleuth also says that Larsen sent over $109 million worth of XRP to crypto exchanges in January alone, presumably to sell on the open market. “With the announcement of the US Crypto Reserve here’s your reminder that XRP addresses activated by Chris Larsen (co-founder of Ripple) still hold 2.7B+ XRP ($7.18B) and these addresses tied to him transferred $109M+ worth of XRP to exchanges in January 2025… (disclaimer: multiple of these addresses have been dormant for 6-7 yrs so it’s possible he lost access or sent funds to other people in Feb 2013. He was also hacked for $112M early last year).” The addresses that ZachXBT says belong to Larsen include: rB5TihdPbKgMrkFqrqUC3yLdE8hhv4BdeY rPoJNiCk7XSFLR28nH2hAbkYqjtMC3hK2k rD6tdgGHG7hwGTA6P39aE7W89fbqxXRjzk rDfrrrBJZshSQDvfT2kmL9oUBdish52unH r476293LUcDqtjiSGJ5Dh44J1xBCDWeX3 r44CNwMWyJf4MEA1eHVMLPTkZ1LSv4Bzrv rhREXVHV938ToGkdJQ9NCYEY4x8kSEtjna On Sunday, President Trump announced via Truth Social that the US will establish a “crypto strategic reserve” which will include Bitcoin ( BTC ), Ethereum ( ETH ), XRP, Solana ( SOL ) and Cardano ( ADA ). The announcement triggered a massive surge in crypto markets, with XRP surging by over 37%, pushing Larsen’s net worth up by billions of dollars in mere hours. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Ripple’s Chris Larsen Holding $7,180,000,000 in XRP, Sent $109,000,000 Worth to Exchanges in January: ZachXBT appeared first on The Daily Hodl .

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