tldr; Chris Larsen, co-founder of Ripple, transferred 50 million XRP to exchanges, sparking concerns of ‚insider dumping‘ and potential ‚exit liquidity.‘ Despite the transfer, Larsen retains over 2.5 billion XRP, valued at $8.83 billion, raising fears of future sell-offs that could impact XRP’s price. The XRP community is divided, with some accusing Ripple executives of exploiting investors, while others see it as routine profit-taking. Analysts warn of potential risks and advise caution among investors.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
unpluggedcord on
This happened like 2 weeks ago.
JustStopppingBye on
Xerpers: Let me tell you why this is bullish
NotMyMainLoLzy on
It’s interesting that there’s a lot of negative press right before this new White House release.
Currently monitoring, comfortably.
Significant-Pea-3710 on
Jeeters gonna jeet
ShittingOutPosts on
Someone needs to post the Goofy meme.
shadowmage666 on
Are you actually stupid ? This happens every month
Pimpeto on
The meltdown of xrp haters will be… wait for it… legendary
zerebr00 on
I wonder how much money they paid to people they bribed. In my opinion, they are definitely among my top three for having many dirty stuffs going on in the dark.
Tall_Run_2814 on
Both founders have been dumping for over 5 years now. You would think they’d be holding onto the „future of finance“ lol
Alarming-Upstairs963 on
He sold 1-2 percent of his current position.
Who here has “dumped” a coin? Did you keep 98% of your position?
I love this fud. I’ll keep buying dips.
1yr
Bitcoin +80%
Xrp+400% (after the “dump”) 🤣
Spattzzzzz on
Ripple is an epically designed long slow rug pull. Pretty impressive they get away with so many sell offs and otc sales and people just keep refilling their pockets.
Still on the bright side only another 40 billion tokens to release and then the moon.
Lolgroupthink on
lol ok? This guy has been selling for years. This sub just karma farms any slightly negative news about XRP… It’s pretty weird
acorcuera on
XRP is digital fiat.
monkey314 on
and…nothing happened?
i mean, it went down just like everything else 🤷♂️
FlagFootballSaint on
Jealous.
I just would love to be him.
He does everything right:
He is making himself super rich
potatoMan8111 on
Hahhahah good!!!! It’s a shit coin and anyone with a brain knew this is what would happen
boringtired on
Surprise surprise, please search my comments regarding XRP and you’ll find I’ve been saying this shit for at least a year on this account.
That’s only Chris Larsens amount, Brad Garlinghouse and David Schwartz have SUBSTANTIAL stacks themselves, billions of XRP tucked away.
Additionally they still probably selling one billion XRP from their escrow account month to sell to private investors at a market price discount who then dump said discounted XRP at market price for guaranteed profit.
No laws against it but still not right.
Gangaman666 on
Nothing screams long term vision than founders dumping 50million tokens 🤦🏼♂️
Odd-Radio-8500 on
Myth_Mula on
Lmao what a joke that guy is
Pinewatch762 on
Xrp flipped bnb. Never would’ve expected that
Imperiu5 on
Wen $1500??
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27 Kommentare
What a surprise!
The only thing XRP is actually used for
ripple isn’t crypto.
XRP is for people who don’t understand market cap
tldr; Chris Larsen, co-founder of Ripple, transferred 50 million XRP to exchanges, sparking concerns of ‚insider dumping‘ and potential ‚exit liquidity.‘ Despite the transfer, Larsen retains over 2.5 billion XRP, valued at $8.83 billion, raising fears of future sell-offs that could impact XRP’s price. The XRP community is divided, with some accusing Ripple executives of exploiting investors, while others see it as routine profit-taking. Analysts warn of potential risks and advise caution among investors.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
This happened like 2 weeks ago.
Xerpers: Let me tell you why this is bullish
It’s interesting that there’s a lot of negative press right before this new White House release.
Currently monitoring, comfortably.
Jeeters gonna jeet
Someone needs to post the Goofy meme.
Are you actually stupid ? This happens every month
The meltdown of xrp haters will be… wait for it… legendary
I wonder how much money they paid to people they bribed. In my opinion, they are definitely among my top three for having many dirty stuffs going on in the dark.
Both founders have been dumping for over 5 years now. You would think they’d be holding onto the „future of finance“ lol
He sold 1-2 percent of his current position.
Who here has “dumped” a coin? Did you keep 98% of your position?
I love this fud. I’ll keep buying dips.
1yr
Bitcoin +80%
Xrp+400% (after the “dump”) 🤣
Ripple is an epically designed long slow rug pull. Pretty impressive they get away with so many sell offs and otc sales and people just keep refilling their pockets.
Still on the bright side only another 40 billion tokens to release and then the moon.
lol ok? This guy has been selling for years. This sub just karma farms any slightly negative news about XRP… It’s pretty weird
XRP is digital fiat.
and…nothing happened?
i mean, it went down just like everything else 🤷♂️
Jealous.
I just would love to be him.
He does everything right:
He is making himself super rich
Hahhahah good!!!! It’s a shit coin and anyone with a brain knew this is what would happen
Surprise surprise, please search my comments regarding XRP and you’ll find I’ve been saying this shit for at least a year on this account.
That’s only Chris Larsens amount, Brad Garlinghouse and David Schwartz have SUBSTANTIAL stacks themselves, billions of XRP tucked away.
Additionally they still probably selling one billion XRP from their escrow account month to sell to private investors at a market price discount who then dump said discounted XRP at market price for guaranteed profit.
No laws against it but still not right.
Nothing screams long term vision than founders dumping 50million tokens 🤦🏼♂️
Lmao what a joke that guy is
Xrp flipped bnb. Never would’ve expected that
Wen $1500??