Ripple co-founder and Executive Chairman Chris Larsen has once again attracted attention after blockchain data revealed renewed activity in wallet addresses associated with him. The movements come at a time when XRP traders continue monitoring price recovery and broader crypto market sentiment.
Chris Larsen-Linked Wallets Record New Activity
According to on-chain tracking platforms, wallets connected to Chris Larsen registered small XRP inflows after remaining mostly inactive for months. The transfers involved only minor amounts of XRP, but similar wallet activity in the past has often fueled speculation around potential market impact.
Blockchain data showed limited inflows into wallets identified as “chrislarsen (5)” and “chrislarsen (7).” Although the transfers were relatively insignificant, some associated subwallets recorded larger movements, while several accounts were reportedly marked as deleted, increasing community speculation.
Historical XRP Transfers Continue to Draw Attention
Crypto analytics indicate that wallets linked to Larsen have moved substantial XRP holdings over time. Reports suggest nearly 250 million XRP has been transferred from related addresses since last year, with some assets reportedly sent to exchanges including Coinbase.
Large wallet movements from influential holders often trigger concerns over possible selling pressure, leading both institutional and retail traders to closely monitor activity.
Additional attention comes as Chris Larsen remains active in political donations linked to upcoming US elections. Previous disclosures revealed multi-million-dollar contributions supporting political candidates and initiatives.
Unrealized XRP Holdings Remain Significant
Data from crypto analytics firms indicate that Chris Larsen still controls billions of XRP tokens, representing a meaningful portion of circulating supply. Estimates suggest unrealized gains on those holdings have increased substantially alongside previous price appreciation.
The scale of these holdings means any future large transactions could remain relevant for investor sentiment.
XRP Price Stabilizes Near $1.35
XRP recovered toward $1.35 after recently falling to lower levels during broader crypto market weakness. Despite the rebound, trading activity has cooled, with lower volume signaling reduced short-term momentum among traders.
Technical indicators continue showing mixed signals. XRP remains below several major moving averages, while the Relative Strength Index (RSI) points toward possible room for recovery if buying pressure strengthens.
Market participants are also watching upcoming developments surrounding XRP futures trading, which some analysts believe could influence future price movement.
