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The value of XRP tokens, believed to be under the control of Chris Larsen, co-founder of Ripple 
$2, is attracting significant market attention. On-chain researcher ZachXBT examined wallet addresses linked to Larsen and noted that a substantial amount of XRP remains actively traded.
XRP Activities
In a post shared on his Telegram channel, investigator ZachXBT listed seven wallet addresses actively used by Larsen on the XRP Ledger. These addresses reportedly hold over $7 billion in XRP, with a notable transfer of $109 million worth of XRP occurring in January.
ZachXBT: “With the U.S. announcement, Chris Larsen’s wallets still retain billions of XRP, and significant transfers have taken place.”
Market Reactions and Statements
Additionally, former U.S. President Trump announced that cryptocurrencies like Bitcoin 
$86,310, Ethereum 
$2,158, XRP, Solana 
$143, and Cardano 
$0.853327 would be included under a “hyper-strategic reserve.” This announcement triggered a market surge, with XRP’s value increasing by over 37%.
Trump: “The U.S. will establish a strategic reserve that includes Bitcoin, Ethereum, XRP, Solana, and Cardano.”
The rapid increase in the market highlights that Larsen’s XRP transactions and transfers are being closely monitored by investors. On-chain data indicate that certain wallets have remained inactive for extended periods, drawing attention to past security concerns.
The impact of these transfers on market dynamics is prompting investors to assess the associated risks and opportunities presented by high-value transactions. Financial experts suggest that similar transfers could lead to sudden fluctuations in the cryptocurrency markets. Recent whale analyses indicate that large investors have sold massive amounts of XRP Coin since November, raising concerns that current prices may only be temporary when considering potential sales from major holders like Larsen.
Relevant data is intensifying market actors’ focus on both investment strategies and risk analysis. It is recommended that investment and market observers closely monitor these developments.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
