CHRIS LARSEN, a co -founder of Ripple, has replaced more than $ 100 million XRP in January.
The blockchain investigator Zachxbt has set a flag for the transaction with X post on January 30. He reported that the wallet linked to Larsen has been transferred to COINBASE, BITSTAMP, and BYBIT over $ 19 million in XRP.
In particular, these transfers occur when the XRP price rises about 50 % this month and reaches more than $ 3 high.
On the other hand, CryptOSLATE's Larsen wallet analysis indicates that the first transaction occurred on January 6 and 10 million XRP was sent to Coinbase. On January 16th, the second transfer continued, and 20 million XRP moved to an unidentified address. In addition, 10 million XRP left his wallet on January 22. On January 29, two more transfers were executed, and 5 million XRP was separated from the destination of RPS9KVPBG and RHSKLJKNXI.
In total, Larsen moved 50 million XRP in January. This is now worth about $ 155 million, based on the $ 3.10 of the XRP.
Despite these relocation, Larsen's wallet still holds about 400 million XRP tokens, which is currently worth $ 1.24 billion.