Chris Larsen’s $26M XRP Move: A Tale of Greed, Goblins, and Galactic Gains 🚀

Key Insights:

Ripple co-founder Chris Larsen has transferred $26 million in XRP to Coinbase—probably for some shady wizardry or a garage sale. 🧙‍♂️💰
This year alone, he’s offloaded over 106 million XRP but still clings to a cool $1 billion stake like a dragon guarding its hoard. 🐉
XRP soared to $3.6 this week, proving it’s either indestructible or just really good at ignoring bad news. 🚀📈

Ripple co-founder Chris Larsen is back in the spotlight (again), having shuffled $26 million worth of XRP into Coinbase while the market was busy throwing confetti. This little maneuver coincides with XRP jumping 32% in days, hitting $3.6 faster than you can say “blockchain.” But let’s not kid ourselves; when someone moves that much crypto around, they’re probably up to something. Selling? Maybe. Buying yachts? Definitely possible.

While Larsen hasn’t confirmed anything (because billionaires love their secrets), the internet smells a rat—or rather, a bearish signal. Let’s dive deeper into the cryptic world of Mr. Larsen’s wallet. 🔍💼

Larsen’s Great XRP Garage Sale

On-chain data reveals what we already suspected: Larsen’s been quietly trimming his XRP stash like a gardener pruning an unruly hedge. Back in January, his wallet held 40 million tokens worth $116 million. Since then, it’s been a steady drip-feed of XRP to exchanges like Coinbase—or maybe secret offshore accounts where gnomes count coins by candlelight. 🌒🎩

By mid-July, Larsen had shipped out over 106 million XRP. And yet, despite this apparent spending spree, his wallet remains heavier than a troll’s backpack, holding more than 332 million tokens valued at over $1 billion. That’s 4.39% of XRP’s circulating supply! Liquidate too fast, and the market might collapse like a poorly constructed soufflé. 🍰💥

XRP Defies Gravity (and Common Sense)

Here’s the twist: despite Larsen’s relentless selling, XRP keeps climbing like a caffeinated squirrel. 🐿️☕ The entire crypto market is riding high thanks to the GENIUS Act—a piece of U.S. legislation so exciting it makes accountants swoon. With regulatory clarity finally emerging, Bitcoin hit $122,838, Ethereum flexed its muscles, and XRP shot up to $3.6, its highest point in months.

It seems XRP investors are either oblivious to Larsen’s antics or just supremely confident. Either way, the token behaves like a rebellious teenager who refuses to listen to authority figures—even ones holding billions of dollars’ worth of influence. 🤷‍♂️✨

Ripple’s Grand Plans (and Banking Shenanigans)

Ripple isn’t content to sit on its laurels while Larsen plays Monopoly with real money. Oh no, the company’s making bold moves worthy of a fantasy novel. In early July, Ripple and Circle filed applications for U.S. National Trust Bank charters. If approved, these firms will join the ranks of federally regulated banks, which sounds about as thrilling as watching paint dry—but hey, it’s progress! 🏦📜

Ripple National Trust Bank.

Are you ready for what’s coming?

— JackTheRippler ©️ (@RippleXrpie)

Meanwhile, Chinese firm Webus International announced plans to build a $300 million XRP treasury, because apparently, even international conglomerates want a slice of the pie. To top it off, Ripple dropped its appeal in a long-running legal battle with the SEC, paving the way for an XRP ETF. Institutional investors are practically salivating at the prospect. 🦈📈

As XRP flirts with new highs and Ripple marches boldly into the financial frontier, one thing is certain: whether it’s dragons, goblins, or regulators, there’s never a dull moment in the land of cryptocurrency. Stay tuned, dear reader, for the next chapter in this epic saga. 📜🔥

2025-07-18 22:46

Larsen’s Great XRP Garage Sale

XRP Defies Gravity (and Common Sense)

Ripple’s Grand Plans (and Banking Shenanigans)

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