XRP under the spotlight: Chris Larsen’s massive sales shake the market
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最新报道：Ripple co-founder Chris Larsen has sparked market concerns with massive XRP sales totaling 150 million tokens worth approximately $75 million over the past two weeks, according to on-chain data. The transactions, traced to wallets linked to Larsen, occurred amid XRP's price decline from $0.56 to $0.50. While Ripple routinely sells XRP for operations, these unusually large personal sales have raised questions about insider sentiment. The sales coincided with Ripple's ongoing legal battle with the SEC and recent reports of the company exploring an IPO. Market analysts note such substantial movements from founders often trigger volatility, though XRP's fundamentals remain unchanged.
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