XRP wallet linked to Chris Larsen still has $9B to sell, analyst warns


XRP wallet linked to Chris Larsen still has B to sell, analyst warns


XRP selling pressure could mushroom if the recent 50 billion XRP sale from a wallet linked to Ripple’s Chris Larsen was “just the warm-up.”

Key points:

Ripple co-founder Chris Larsen sparks warnings to XRP investors after a wallet linked to him sends 50 million tokens to exchanges.

Larsen notionally has over 2.5 billion XRP left, which would create massive selling pressure if distributed.

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