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![888ALX Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::34224176.png) Alex Caraco [@888ALX](/creator/twitter/888ALX) on x 2011 followers
Created: 2025-07-24 10:43:04 UTC

XRP Crashes in past days ! Is this the reason ?

Chris Larsen transferred approximately $XX million in XRP to Coinbase, which on‑chain trackers generally interpret as preparatory steps for selling  .

On or around July 15–17, batches totaling ~$26 M in XRP were moved from addresses attributed to him and sent to Coinbase  .

The transactions included at least XXX million XRP sent in rapid succession to Coinbase on July 15, alongside additional transfers to other wallets  .

These recent moves are part of a broader pattern: since January 2025, Larsen has shifted over XXX million XRP—about $XXX million worth—to exchanges and external wallets  .

Although there’s no public confirmation that he’s sold the tokens, transferring them to Coinbase strongly suggests he may be liquidating a portion. So yes, it’s accurate that he “dumped” (i.e., moved to exchange, likely for sale) XRP tokens this week.

⸻

Worth noting:
XRP’s price concurrently hit a 7-month high, trading above $3.20–3.60—making this an opportune time for profit-taking   

Despite these moves, Larsen still retains a substantial holding—over XXX million XRP—worth more than $X billion  .


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948333100657963346/c:line.svg)

**Related Topics**
[$26m](/topic/$26m)
[onchain](/topic/onchain)
[$26million](/topic/$26million)
[coinbase](/topic/coinbase)
[stocks financial services](/topic/stocks-financial-services)
[stocks bitcoin treasuries](/topic/stocks-bitcoin-treasuries)

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