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Chris Larsen's XRP wallets show fresh activity ahead of Texas primary, holding $3.5B in XRP amid market watch.

Market News
26 May 2026
Blockonomi
View Source
Neutral
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Chris Larsen, Ripple's co-founder and executive chairman, has shown new blockchain activity in his XRP wallets containing about 2.58 billion XRP valued at $3.5 billion. These movements come just before the Texas Democratic primary runoff and follow past patterns where wallet transfers coincided with significant XRP market shifts. Larsen's wallets have historically moved large amounts to exchanges during price peaks, influencing market sentiment. Meanwhile, XRP trades near $1.35 as CME prepares to launch 24/7 XRP futures on May 29, with Larsen's unrealized gains on XRP positions totaling $764.2 million. The activity also aligns with Larsen's political donations amid ongoing regulatory discussions affecting XRP's classification.

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