Ripple’s Chris Larsen Transfers 50M XRP After 11 Years of Inactivity

Quick Summary:

Ripple co-founder and executive chairman Chris Larsen made the first transfer of XRP after 11 years, sparking speculation within the crypto community.

XRP price soared over 4% in the last 24 hours after Chris Larsen moved 50 million coins to another wallet.

The wallet now holds 50 million XRP.

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Article Details

Author / Journalist: Varinder Singh

Category: Crypto

Markets: IndiaIsrael

Topics: Altcoin News XRP 24/7 Cryptocurrency News Chris larsen Ripple

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 10:12:45 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 413 words

Reading Time: 3 minutes read

Sentences: 44 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22566338

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