XRP News Today: Ripple Co-Founder Moves $175M XRP as Token Hits Record $3.65 on Regulatory Optimism

Generated by AI AgentCoin World
Thursday, Jul 24, 2025 5:02 pm ET1min read
XRP
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Aime RobotAime Summary

- Ripple co-founder Chris Larsen transferred $175M XRP (50M tokens) on July 24, 2025, as XRP hit a record $3.65 amid regulatory optimism.

- The move sparked mixed reactions, with $140M directed to exchanges, raising questions about liquidity strategies and short-term sell pressures.

- XRP's price dipped to $3.25 post-transaction but remained in a bullish trend, supported by Ripple's SEC legal settlement and institutional long-term holdings.

- Analysts linked the timing to U.S. SEC regulatory discussions, while scams targeting Ripple's brand intensified scrutiny of large token movements.

Ripple co-founder Chris Larsen executed a $175 million

XRP
transfer on July 24, 2025, as the token surged to a record $3.65 amid heightened market volatility. The transaction involved 50 million XRP tokens, with $140 million of the proceeds directed to exchanges or third-party wallets, according to blockchain tracking data [1]. The move occurred just days before XRP reached its all-time high, raising questions about Larsen’s strategic intent. Analysts noted the timing aligned with broader regulatory optimism, including the U.S. SEC’s recent roundtable discussions on
digital asset
frameworks [3].

The transfer has sparked mixed reactions, with some viewing it as a confidence booster for XRP’s long-term prospects and others warning of potential short-term sell pressures from institutional players [2]. A significant portion of the tokens were moved from a previously dormant wallet linked to Larsen, fueling speculation about liquidity strategies or long-term portfolio adjustments [1]. Meanwhile, XRP’s price dipped to $3.25 shortly after the transaction, though the token remained within its month-long bullish trend, having risen nearly 50% [3].

Ripple’s ongoing legal settlement with the SEC, including its decision to drop its appeal to reduce penalties, remains a critical factor influencing market sentiment. The company’s 2023 legal victory, which ruled that programmatic XRP sales to retail investors were not securities, has already bolstered investor confidence [1]. However, the recent transfer has intensified scrutiny amid broader concerns about crypto scams, including YouTube-based impersonation schemes targeting Ripple’s brand [3].

The XRP market, valued at over $40 billion at the time, demonstrated resilience despite volatility. Institutional investors have maintained XRP holdings for extended periods, highlighting its enduring appeal [5]. Analysts emphasized that large token movements by high-profile figures like Larsen often serve as barometers for market sentiment, though the $175 million transaction remains part of a broader narrative of regulatory and macroeconomic shifts.

Ripple’s efforts to integrate XRP into cross-border financial systems continue to gain traction, with partnerships in emerging markets underscoring its growth potential. As regulatory clarity and institutional adoption evolve, XRP’s performance and Ripple’s strategic actions will remain pivotal indicators of the sector’s trajectory [2].

Sources:

[1] AInvest, [https://www.ainvest.com/news/xrp-news-today-ripple-founder-transfers-175m-xrp-scams-surge-12-price-drop-2507/](https://www.ainvest.com/news/xrp-news-today-ripple-founder-transfers-175m-xrp-scams-surge-12-price-drop-2507/)

[2] Leap Digital Investments, [https://leapdigitalinvestments.com.au/](https://leapdigitalinvestments.com.au/)

[3] CoinGape, [https://coingape.com/](https://coingape.com/)

[5] Coinpedia, [https://coinpedia.org/crypto-live-news/](https://coinpedia.org/crypto-live-news/)