Blockchain data shared by crypto investigator ZachXBT shows that around $140 million of these funds have found their way to exchanges and services. Another $35 million have been transferred to two new addresses since July 17.
Since July 17, 2025 an address linked to Ripple co-founder Chris Larsen transferred out 50M XRP ($175M) to four addresses.
These large transactions have triggered concerns of a potential token dump during a volatile market.
However, many argue that Larsen may be distributing his holdings strategically to enhance the decentralization of XRP’s network and ensure a healthier distribution of supply.
Larsen’s actions come at a time when XRP is among the top monthly gainers and considered a top crypto to buy in the market. On Thursday, XRP has seen an 11% decline in the past 24 hours, currently trading just above $3.09.
Analysts suggest that if the third largest cryptocurrency manages to hold above the psychological $3 mark, it could stage another major rally in the coming days.
Nature’s Miracle Adopts XRP for Treasury
Meanwhile, US-based vertical farming company Nature’s Miracle Holding Inc. has announced plans to establish a corporate XRP treasury program of up to $20 million. The initiative will be funded using proceeds from equity financing received from GHS Investments.
The plan focuses on acquiring XRP tokens for long-term reserves, engaging in staking for yield generation, and deepening integration within the Ripple ecosystem.
This move aligns with a broader institutional shift toward crypto treasury holdings, especially after President Trump’s signing of the GENIUS Act on July 18.
The regulatory development is expected to encourage more companies to diversify their reserves with cryptocurrencies.
James Li, CEO of Nature’s Miracle, highlighted XRP’s speed and cost-efficiency in cross-border payments as a critical factor in the decision. The move has positioned the company as one of the first publicly traded firms to adopt XRP as a core treasury asset.
The announcement has resulted in a bullish sentiment for XRP price. Crypto expert Lukas Enzersdorfer-Konrad recently stated that a further move beyond the current ATH is likely for the cryptocurrency, provided capital rotation from Bitcoin continues.
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A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.