The post Ripple Chairman Chris Larsen Moves 20M XRP—Is Binance the Next Stop? appeared first on Coinpedia Fintech News
Ripple Chairman Chris Larsen has made waves by moving 20 million XRP, sparking questions about where the tokens are going. This transfer comes after he moved 50 million XRP on September 16, the first major outflow from his wallet since 2013. The latest transactions happened in four batches, leading many to think that Binance might be the destination, though this isn’t confirmed yet. Larsen’s wallet has a history of receiving large amounts of XRP before sending them to Binance, adding to the speculation. While some worry about a possible hack, Larsen has not confirmed any security breach, leaving the true reason for these moves unclear