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Ripple co-founder and executive chairman Chris Larsen still controls over $7 billion in XRP<\/a>\u00a0tokens, according to on-chain investigator ZachXBT.<\/p>\n Posting in his Telegram channel, ZachXBT lists<\/a> seven addresses on the XRP Ledger (XRPL) that he says were activated by Larsen and are still active today.<\/p>\n The on-chain sleuth also says that Larsen sent over $109 million worth of XRP to crypto exchanges in January alone, presumably to sell on the open market.<\/p>\n \u201cWith the announcement of the US Crypto Reserve here\u2019s your reminder that XRP addresses activated by Chris Larsen (co-founder of Ripple) still hold 2.7B+ XRP ($7.18B) and these addresses tied to him transferred $109M+ worth of XRP to exchanges in January 2025\u2026<\/em><\/p>\n (disclaimer: multiple of these addresses have been dormant for 6-7 yrs so it\u2019s possible he lost access or sent funds to other people in Feb 2013. He was also hacked for $112M early last year).\u201d<\/em><\/p>\n The addresses that ZachXBT says belong to Larsen include:<\/p>\n On Sunday, President Trump announced<\/a> via Truth Social that the US will establish a \u201ccrypto strategic reserve\u201d which will include Bitcoin (BTC<\/a>), Ethereum (ETH<\/a>), XRP,\u00a0Solana (SOL<\/a>) and Cardano (ADA<\/a>).<\/p>\n The announcement triggered a massive surge in crypto markets, with XRP surging by over 37%, pushing Larsen\u2019s net worth up by billions of dollars in mere hours.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>   Generated Image: Midjourney<\/em><\/span><\/p>\n<\/p><\/div>\n
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\nDisclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n