XRP Whales Stir Market as Sell-Off Risk Rises – Retail May Be Running Out of Time
The post XRP Whales Stir Market as Sell-Off Risk Rises – Retail May Be Running Out of Time appeared on BitcoinEthereumNews.com.
Disclaimer: This content is a sponsored article. Bitcoinsistemi.com is not responsible for any damages or negativities that may arise from the above information or any product or service mentioned in the article. Bitcoinsistemi.com advises readers to do individual research about the company mentioned in the article and reminds them that all responsibility belongs to the individual. Tensions are rising in the XRP community after Ripple co-founder Chris Larsen moved 50 million XRP—worth about $175 million—between July 17 and Wednesday. Blockchain sleuth ZachXBT flagged that roughly $140 million was sent to centralized exchanges, often a sign of selling intent. Larsen’s timing raised eyebrows, as XRP had just touched a local high above $3.60 before plunging below $3.10. Critics accuse him of coordinated dumping, while others suggest it may be a long-term asset shuffle. The silence from Ripple and Larsen has only fueled the uncertainty. Amid the unease, some investors are eyeing newer tokens with less insider control. One such project gaining traction is MAGACOIN FINANCE, which many view as a fresh opportunity during the market shake-up. Insider Control Still Looms Over XRP The criticism is not just about this one transfer—it’s about the sheer size of Larsen’s holdings. According to on-chain data shared by ZachXBT, his associated wallets still contain 2.81 billion XRP, currently worth $8.4 billion. That figure represents 4.6% of XRP’s total market cap, making the token highly susceptible to price shocks if even a portion is moved or sold. X users have voiced their frustrations loudly, with some questioning why a coin subject to such centralized influence continues to rank among the top five. Others maintain that these concerns are overblown and that market structure—not insider moves—drives price more significantly in the long term. A New Contender Gains Ground with Retail While XRP navigates fresh waves of uncertainty,…
Filed under: News - @ July 28, 2025 12:03 am