Over $242 Million in XRP Sold by Major Holders: Ripple’s Market Impact Amidst Whale Activity

A significant sell-off of over $242 million worth of XRP has been observed among major cryptocurrency holders, including co-founder Chris Larsen. This massive transaction between July 17–24, 2025, is raising questions about the influence of whales on the crypto market and their potential impact on XRP prices. The sale has prompted debate on the dynamics of whale activity and how it affects the broader cryptocurrency ecosystem.