A Ripple co‑founder transfers $175 million in XRP this week. Alerts about a rise in XRP‑related scams spread online. The move comes just as fraud attempts targeting XRP holders spike . On‑chain analyst Zachxbt spots the action. Since July 17, 2025, an address tied to Chris Larsen pushes out 50 million XRP (≈ $175 million) to four destinations. Roughly $140 million lands at exchanges and services. The rest moves into new wallets. Since July 17, 2025 an address linked to Ripple co-founder Chris Larsen transferred out 50M XRP ($175M) to four addresses. ~$140M ended up at exchanges/services 30M XRP recipient rPS9kVPbgZF4vXq2hs6s9Xv2754qdRau98 rnQXgGAjqbF4KoBpcBK5YBHyZEL7nGWWoi 10M XRP recipient… — ZachXBT (@zachxbt) July 24, 2025 Here’s the breakdown of the 50 million XRP outflow: 30 million XRP (≈ $105 million) split between two tagged exchange/service addresses: rPS9kVPbgZF4vXq2hs6s9Xv2754qdRau98 rnQXgGAjqbF4KoBpcBK5YBHyZEL7nGWWoi 10 million XRP (≈ $35 million) sent to a known recipient: rHtLaipqqfbhgMSHkF1YcuWaivvgRH851o ~$35 million routed into two fresh wallets: 5 million XRP → rNLrQvgfLZNLqcqjAAQYBUNBSC5dVkiDXw 5 million XRP → rhmkfhYZY3XJgGTcGxLAKuEoph49bmMqbb Crypto_TownHall also flags the timing. They warn that phishing scams, fake airdrops, and “urgent” XRP giveaways surge when big transfers hit the books. Scammers impersonate Ripple execs and push malicious links in Telegram and Discord. RIPPLE CO-FOUNDER MOVES $175M IN XRP AMID SCAM ALERTS A Ripple co-founder transferred $175 million worth of XRP this week as warnings about a rise in XRP-related scams circulate online. The timing of the large movement has raised questions within the community as fraud attempts… https://t.co/84lV3taiwk pic.twitter.com/CQnnkTh6O0 — Crypto Town Hall (@Crypto_TownHall) July 24, 2025 Ripple XRP Price Movement To Watch XRP trades at $3.26 with a market cap of $192.7 billion, ranking #3 on CoinMarketCap . It dips 1.12% in 24 hours on $15.86 billion volume. Yet daily active addresses and on‑chain volume tick higher as debate over cross‑border payments intensifies. Large wallet moves often trigger FUD. Markets react. XRP slid under $3.30 after the transfer. It later found support near $3.25. Short‑term traders and bots likely drive the volatility. Some view it as routine treasury management by Larsen. Others fear an impending sell‑off. Scam alerts soar when whales stir the pot. Reddit posts about “free XRP” quadruple. Security firms urge hardware wallets and two‑factor authentication. They warn: never click unsolicited links. Always verify wallet addresses. And follow official Ripple channels for updates. Despite the noise, XRP’s fundamentals endure. Over 59 billion coins circulate. The total supply caps at 100 billion. Validators settle transactions in 3–5 seconds on the XRP Ledger. Ripple Labs continues to court banks and payment providers for enterprise use. Regulatory clarity may unlock fresh institutional flows. Looking ahead, watch for an official Ripple comment. The company rarely addresses co‑founder wallets. If Larsen’s transfers tie to corporate needs,liquidity provisioning, payroll, or partnership payouts,Ripple may clarify. In the meantime, holders should stay vigilant. Monitor on‑chain analytics. Double‑check any XRP “alerts.” And keep an eye on price action around big wallet moves. Key points: Chris Larsen’s address moves 50 million XRP (≈ $175 million). Most XRP heads to exchanges; some lands in new, untagged wallets. Scam alerts spike around large transfers. XRP remains a top‑3 crypto by market cap at $192.7 billion. Stay sharp. Confirm any XRP “giveaway” alert against trusted channels. And watch the chain for the next big shift. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
