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XRP News in India

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Ripple Co-Founder Offloads $764M in XRP Over 7 Years

Ripple Co-Founder Offloads $764M in XRP Over 7 Years

The post Ripple Co-Founder Offloads $764M in XRP Over 7 Years appeared on BitcoinEthereumNews.com. According to blockchain tracking reports, the former executive sold approximately $764 million worth of XRP over a seven-year period, steadily liquidating holdings through a series of programmed transactions. The disclosure reignites a long-running debate within the XRP community over the impact of insider token sales on price performance and market perception. While the co-founder’s transactions were legal and publicly visible on the blockchain, many holders argue that consistent selling pressure from insiders has been one of the key factors limiting XRP’s upside compared to other major cryptocurrencies. Structured Selling, Significant Volume On-chain analysts noted that the sales were executed gradually to avoid sharp market shocks. Instead of large sudden dumps, the co-founder used an automated liquidation schedule, selling small batches of XRP over time. From a regulatory perspective, this strategy is common among early-stage token founders who receive large allocations at launch. Source: X/Maartunn Even so, the cumulative total has raised eyebrows. Despite XRP’s volatility and lengthy legal battle with the U.S. Securities and Exchange Commission (SEC), the co-founder’s steady sales ultimately amounted to hundreds of millions of dollars in realized value. Community Frustration Persists XRP remains one of the most discussed assets in the industry, celebrated for its fast settlement capability and its partnerships with banking and fintech companies. However, frustration among long-term supporters is easy to find. Many believe that recurring insider sales — combined with Ripple’s own programmed escrow releases — have dampened price performance during multiple bull cycles. This sentiment intensified following the SEC’s lawsuit against Ripple Labs, which dragged on for years before XRP won a partial legal victory in 2023. Although the asset remains a top-10 cryptocurrency by market capitalization, critics say its growth has lagged behind due to structural selling and legal uncertainty. Source: https://coinpaper.com/11868/ripple-co-founder-sold-764-million-worth-of-xrp-over-seven-years
Watch Out: A Cryptocurrency Wallet is Ceasing Operations, Funds Must Be Withdrawn – Previously Made Headlines with XRP

Watch Out: A Cryptocurrency Wallet is Ceasing Operations, Funds Must Be Withdrawn – Previously Made Headlines with XRP

The post Watch Out: A Cryptocurrency Wallet is Ceasing Operations, Funds Must Be Withdrawn – Previously Made Headlines with XRP appeared on BitcoinEthereumNews.com. Cryptocurrency wallet manufacturer Ellipal announced that it will discontinue its hot wallet services and focus entirely on cold wallet technology. This decision comes after the recent alleged XRP theft. Ellipal stated in a statement that it will focus solely on cold wallet innovation and services to maximize user security. The company maintains that cold wallet technology is a key priority for crypto security and announced that it will discontinue all hot wallet services as of October 31st. Ellipal has advised its current hot wallet users to move their assets to a new wallet address. The company also stated that it expects users to understand any potential disruptions during the transition and that support will continue to be actively available. Ellipal was in the news last week after a US-based user allegedly stole $3.05 million worth of XRP. Blockchain researcher ZachXBT, in a detailed analysis of the incident, revealed that the attacker performed more than 120 Ripple-Tron conversions through the Bridgers exchange on October 12, 2025, and consolidated the funds on the Tron blockchain. According to ZachXBT’s findings, as of October 15th, all stolen funds were laundered through OTC desks linked to a Southeast Asian money laundering network called Huione. This network was also found to be connected to a crypto ecosystem listed under US sanctions. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/watch-out-a-cryptocurrency-wallet-is-ceasing-operations-funds-must-be-withdrawn-previously-made-headlines-with-xrp/
Ripple Co-Founder Sold $764 Million Worth of XRP Over Seven Years

Ripple Co-Founder Sold $764 Million Worth of XRP Over Seven Years

According to blockchain tracking reports, the former executive sold approximately $764 million worth of XRP over a seven-year period, steadily liquidating holdings through a series of programmed transactions.The disclosure reignites a long-running debate within the XRP community over the impact of insider token sales on price performance and market perception. While the co-founder’s transactions were legal and publicly visible on the blockchain, many holders argue that consistent selling pressure from insiders has been one of the key factors limiting XRP’s upside compared to other major cryptocurrencies.Structured Selling, Significant VolumeOn-chain analysts noted that the sales were executed gradually to avoid sharp market shocks. Instead of large sudden dumps, the co-founder used an automated liquidation schedule, selling small batches of XRP over time. From a regulatory perspective, this strategy is common among early-stage token founders who receive large allocations at launch.Even so, the cumulative total has raised eyebrows. Despite XRP’s volatility and lengthy legal battle with the U.S. Securities and Exchange Commission (SEC), the co-founder’s steady sales ultimately amounted to hundreds of millions of dollars in realized value.Community Frustration PersistsXRP remains one of the most discussed assets in the industry, celebrated for its fast settlement capability and its partnerships with banking and fintech companies. However, frustration among long-term supporters is easy to find. Many believe that recurring insider sales — combined with Ripple’s own programmed escrow releases — have dampened price performance during multiple bull cycles.This sentiment intensified following the SEC’s lawsuit against Ripple Labs, which dragged on for years before XRP won a partial legal victory in 2023. Although the asset remains a top-10 cryptocurrency by market capitalization, critics say its growth has lagged behind due to structural selling and legal uncertainty.
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Author: Coinstats2025/10/24 19:23
XRP Holds Strong Amid Market Volatility, Are Whales Preparing For The Next Pump?

XRP Holds Strong Amid Market Volatility, Are Whales Preparing For The Next Pump?

The post XRP Holds Strong Amid Market Volatility, Are Whales Preparing For The Next Pump? appeared on BitcoinEthereumNews.com. Crypto News Traders are back watching XRP after a choppy week across crypto. Headlines about government funding progress and fresh ETF chatter helped steady sentiment, and XRP nudged higher as attention returned to on-chain flows and key chart levels. Utility plays like Remittix also pop up in these conversations, as investors look for cryptos solving real-world problems alongside price action. XRP builds strength above key levels Source: CoinMarketCap Compared to the performance of other crypto tokens, it has been a decent week for XRP holders. Traders and investors are now beginning to pay closer attention to the PayFi project as news of Washington moving toward a shutdown deal and multi-billion-dollar ETF inflow scenarios becomes prevalent. The token is currently trading around the $2.3 level, rising sharply from $2.1 and showing a marked reluctance to trade below the support at $2.2. The question many investors are asking now is what is driving price and momentum upwards? Well, analysts have identified the major contributors to the sentiment change in this utility play. What is driving sentiment now? Two themes stand out. First, ETF watch: multiple issuers have either filed or floated XRP ETF products, and a leveraged futures product launched in July added fuel to institutional interest. If decision windows accelerate, traders expect faster flows into XRP than typical alt rotations. Second, banking rails: Ripple applied for a U.S. national trust bank charter, a step that could tighten compliance around payments and custody services tied to XRP. Regulatory clarity and stronger infrastructure tend to support longer-term adoption theses, which is why some desks keep XRP on their early stage crypto investment screen despite near-term chop. Upside and downside scenarios for XRP According to analysts, XRP could deliver a major break to the upside if the ETF timelines firm up and spot liquidity…
Massive XRP Alert: Here’s How Much XRP Evernorth Has Accumulated

Massive XRP Alert: Here’s How Much XRP Evernorth Has Accumulated

Evernorth Holdings has accumulated 261 million XRP from major sources, including Ripple, Chris Larsen, and Uphold. Japan’s SBI Holdings invested $200 million in Evernorth’s Nasdaq-bound venture “XRPN.” The moves mark a major shift toward institutional adoption, positioning XRP as a regulated bridge asset through Evernorth’s treasury. Crypto investor Stern Drew has spotlighted a series of large XRP transfers into Evernorth Holdings, a Ripple-affiliated company focused on institutional adoption of XRP. According to Drew’s post titled “MASSIVE XRP ALERT,” Evernorth now holds 261 million XRP, with transaction trails linking back to several major players in the XRP ecosystem. Breakdown of the Legendary Transfers Drew detailed that the XRP inflows originated from multiple high-profile sources, including: Ripple: 211 million XRP + 319,000 XRP Chris Larsen (Ripple Co-founder): 50 million XRP Uphold Exchange: 199,000 XRP Jana Label (Tagged Wallet): 300,000 XRP All transfers were made in XRP, “no stablecoins, no fillers,” Drew emphasized, suggesting concentrated liquidity flowing into a single institutional entity. Also Read: 211,000,000 XRP Abrupt Move – Here’s its Destination MASSIVE XRP ALERT Evernorth now holds 261 MILLION XRP — and the trail of senders is nothing short of legendary. Ripple: 2 transfers — 211M + 319K XRP Chris Larsen: 50M XRP Uphold Exchange: 199K XRP Jana Label : 300K XRP That’s ALL in XRP, no stablecoins, no… pic.twitter.com/cQPfLogPmE — Stern Drew (@SternDrewCrypto) October 24, 2025 SBI Holdings Commits $200 Million to Evernorth Adding to the momentum, Japanese financial conglomerate SBI Holdings, Inc., announced a $200 million investment in Evernorth as part of a Private Investment in Public Equity (PIPE) financing round. The funding, conducted in collaboration with Ripple Labs Inc., is among SBI’s largest commitments to advancing the global use of XRP. Evernorth is preparing for a Nasdaq listing under the ticker “XRPN” through a merger with Armada Acquisition Corp. II, a U.S.-based SPAC. The company expects to raise over $1 billion in total capital from the transaction. Institutional Adoption and Market Impact Evernorth’s growing XRP treasury, coupled with SBI’s backing, is being interpreted as a major step toward institutional-grade integration of XRP. The funds raised will reportedly be used to purchase XRP from the open market and establish a large, transparent treasury to engage in DeFi lending, staking, and liquidity provisioning. Market observers suggest that these developments reinforce XRP’s evolving role as a bridge asset in regulated financial systems, signaling a shift from speculative trading toward institutional-grade utility and infrastructure. As Drew summarized, “Pure liquidity is flowing into one entity.” With Evernorth’s capital infusion and SBI’s strategic support, XRP’s institutional narrative appears stronger than ever. Also Read: Ripple to White House: New Trump List Excites XRP Army The post Massive XRP Alert: Here’s How Much XRP Evernorth Has Accumulated appeared first on 36Crypto.
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Author: Coinstats2025/10/24 18:17