Altcoin News Daily Official TheBitTimes.com

The XRP price dropped 2.6% in the last 24 hours to trade at $2.40 as of 4 a.m. EST on a 14% increase in trading volume to $4.66 billion. The fall in the Ripple token’s price came after Ripple Labs co-founder Chris Larsen sold 50 million XRP tokens worth close to $120 million. CHRIS LARSEN MAKING BIG MOVES 🚨 Ripple co founder just shifted 50,000,000 $XRP that’s over $123M to an unknown wallet! Strategic play? Institutional setup? Something big is coming… 🌊💥 pic.twitter.com/GaNmoeUGct — XRP Update (@XrpUdate) October 20, 2025 Larsen’s sale, confirmed by on-chain trackers, is his first major transaction since July, fueling debate about whether he expects the coin to fall further in the short term. While some see it as simple portfolio rebalancing, others say the move signals caution from XRP leadership.​ There was better news, too, when Evernorth, led by former Ripple executive Asheesh Birla, revealed plans for a SPAC me...

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