The post Ripple’s Chris Larsen Moves $26M in XRP to Coinbase appeared on BitcoinEthereumNews.com.

Chris Larsen transferred $26M XRP to Coinbase as XRP hit $3.25, close to its 2018 all-time high. Ripple and Circle applied for a U.S. bank charter in July 2025, aiming for federal oversight. Larsen-linked wallets hold 2.6B XRP, and he donated $1M XRP to Kamala Harris’s 2024 campaign. Chris Larsen, Ripple co-founder, transferred $26 million worth of XRP to Coinbase on July 16, 2025. Blockchain data from XRPscan identified the wallet as one connected to Larsen. The move happened while XRP traded at $3.25, its highest level in over seven months. Related: XRP ‘God Candle’ Signal from 630% Rally Flashes Again Chris Larsen XRP Wallet Transfer. Source: XRPScan Since January, Larsen has moved a total of 106 million XRP, worth around $344 million, from this wallet to various centralized exchanges and other addresses. The frequency and volume of these transactions increased alongside XRP’s price rise. While there is no direct confirmation of a sale, sending funds to Coinbase suggests a possible intention to cash out. Ripple Co-Founder Holds 2.6 Billion XRP Worth $8.3 Billion Chris Larsen co-founded Ripple in 2013, the company that built XRP Ledger for blockchain-based cross-border payments. He stepped down as CEO in 2016 and now serves as the company’s executive chairman. Wallets linked to Larsen, according to XRPscan, currently hold 2.6 billion XRP. At the current price of $3.25, that equals $8.3 billion. These wallets have been active throughout the year, including the $26 million XRP transfer to Coinbase. Forbes estimates Larsen’s net worth at $10 billion as of mid-2025, up from $3.2 billion in 2024. The increase aligns with XRP’s price growth. In October 2024, Larsen donated  $1 million in XRP to a super PAC backing Kamala Harris’s presidential run. Records confirm this was one of several political donations made using crypto. Larsen has also…

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Filed under: News - @ July 17, 2025 9:31 pm