tldr; Ripple co-founder Chris Larsen has sparked warnings among XRP investors after transferring 50 million XRP tokens to exchanges. Analysts caution that Larsen still holds over 2.5 billion XRP, worth approximately $9 billion, which could create significant selling pressure if offloaded. XRP/USD has dropped 13% from recent highs, and concerns grow that investors may become ‚exit liquidity‘ for Larsen’s potential sales. The situation highlights risks for XRP holders amid market volatility.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Alarming-Upstairs963 on
So he sold 2% of current holdings? Isn’t that standard profit taking near highs?
Id say this is bullish news he didn’t sell 25%. Probably stupid of him not to sell some at these levels.
Significant_Oil_9490 on
Wow watch out Investors, Chris will most likely offload all of his tokens tomorrow 🫣🫣🫣💀💀💀
Escapement_Watch on
He always dumps a little bit around these prices It’s normal.
He got all his coins for free let him make his money he is the co-founder
monkey314 on
Imma take greeds side on this. He gna hold until its like 12 or some shit 🙏🤞🚫💩
Tall_Run_2814 on
He’s so going to dump, lol
utilizatoru on
if XRP was actually weak, it would’ve crumbled under years of SEC pressure. instead, it got leaner and faster
St0uty on
XRP army will continue to lap this up and make excuses.
Meanwhile nano (which is superior tech) has no dev funds remaining (only took 5% at distribution for their non-profit development)
potatoMan8111 on
Ripple is a shitcoin, who cares. Anyone holding it doesnt understand crypto
Taraih on
Classic FUD, nobody with serious money cares thats why the price went up so much in recent months. Saw quite a few XRP FUD posts recently and so far theyve been good indicators of another major price discovery coming soon. Inverse and make profit. Easiest money of my life
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tldr; Ripple co-founder Chris Larsen has sparked warnings among XRP investors after transferring 50 million XRP tokens to exchanges. Analysts caution that Larsen still holds over 2.5 billion XRP, worth approximately $9 billion, which could create significant selling pressure if offloaded. XRP/USD has dropped 13% from recent highs, and concerns grow that investors may become ‚exit liquidity‘ for Larsen’s potential sales. The situation highlights risks for XRP holders amid market volatility.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
So he sold 2% of current holdings? Isn’t that standard profit taking near highs?
Id say this is bullish news he didn’t sell 25%. Probably stupid of him not to sell some at these levels.
Wow watch out Investors, Chris will most likely offload all of his tokens tomorrow 🫣🫣🫣💀💀💀
He always dumps a little bit around these prices It’s normal.
He got all his coins for free let him make his money he is the co-founder
Imma take greeds side on this. He gna hold until its like 12 or some shit 🙏🤞🚫💩
He’s so going to dump, lol
if XRP was actually weak, it would’ve crumbled under years of SEC pressure. instead, it got leaner and faster
XRP army will continue to lap this up and make excuses.
Meanwhile nano (which is superior tech) has no dev funds remaining (only took 5% at distribution for their non-profit development)
Ripple is a shitcoin, who cares. Anyone holding it doesnt understand crypto
Classic FUD, nobody with serious money cares thats why the price went up so much in recent months. Saw quite a few XRP FUD posts recently and so far theyve been good indicators of another major price discovery coming soon. Inverse and make profit. Easiest money of my life