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Ripple Co-Founder Chris Larsen Connected to Billions in Inactive XRP Accounts

  • ZachXBT has uncovered dormant XRP wallets linked to Ripple co-founder Chris Larsen, holding around $7.18 billion, with some inactive for 6-7 years.
  • Transaction records show that over $109 million worth of XRP was moved to exchanges like Coinbase, Bitstamp, and Bybit, fueling speculation.
  • After the news broke, XRP's price surged 18%, reaching a high of $2.93 before closing at $2.60.
  • Discussions have emerged within the crypto community about the significance of these 'untouched funds' and Larsen's control over the identified accounts.

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