$242 Million in XRP Sold by Major Holders
- Over $242 million in XRP sold by major whales.
- Significant impact on XRP market dynamics.
- Debate over whale influence on cryptocurrency.
Over $242 million in XRP has been sold by major holders, including co-founder Chris Larsen, between July 17–24, 2025, significantly influencing the cryptocurrency’s market dynamics.
This large-scale selloff highlights concerns over whale control in crypto, affecting XRP prices and sparking community and market reactions without immediate regulatory comment.
Major XRP holders have sold $242 million worth of the cryptocurrency, significantly affecting market conditions in October 2025.
The sale raises questions about whale influence and has led to notable market corrections in XRP pricing.
Over $242 Million in XRP Sold by Whales
Whales have reportedly sold over $242 million in XRP, sparking extensive debate over their impact. Market data shows these transactions occurred amid XRP’s price fluctuations in recent months.
Leading figures like Chris Larsen moved significant amounts of XRP. Notables transferred tokens to exchanges, contributing to selling pressure. However, Ripple’s leadership remains mostly silent on these transactions.
“From July 17–24, Chris Larsen transferred 40M XRP to exchanges and 5M XRP to new wallets, likely for OTC sales. This aligns with the token’s all-time-high and subsequent price drop.” — ZachXBT, On-Chain Analyst
XRP Prices Drop Amid Major Whale Activity
The sales triggered corrections in XRP’s price, demonstrating the influence of whale activity. Price dropped from a previous cycle high, reflecting market volatility.
Financially, the broader crypto market watches for ripple effects, but current data shows minimal impact on other tokens like BTC or ETH. Investor sentiment remains cautious.
Expert Predictions on Whale-Driven Market Cycles
Such sales echo past events where large transfers coincided with price drops. This aligns with historical cyclical behavior in the cryptocurrency market.
Experts predict future price rebounds, expecting repeated accumulation and selling patterns from whales. Analysis suggests continued close attention to whale activity.
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