Ripple co-founder Chris Larsen moves 50 million XRP to exchanges, sparking warnings to investors due to potential selling pressure. XRP/USD trades 13% below recent highs. XRP near all-time high at $3.60, but overshadowed by Larsen’s move. Analyst warns of more potential sell-offs due to Larsen’s large XRP stash.
Bitcoin price unaffected by large 80,000 BTC sale by Satoshi-era whale. Galaxy Digital handles transaction, causing BTC/USD to drop to $114,500 before rebounding. 24-hour crypto liquidations exceed $500 million during volatility. Ether may show Bitcoin leadership as BTC ETFs lose $285 million.
Read more at Cointelegraph: XRP Holders Should ‘Protect Themselves’ Amid Chris Larsen-Linked Sales
