XRP Plummets 48% Following Ripple Co-founder’s $200M Token Sale

2025-12-16 14:46

XRP has experienced a significant decline, dropping nearly 48% since Ripple co-founder Chris Larsen sold $200 million worth of tokens in July. As of December 14, XRP is trading at $1.88, falling below the critical $2 support level. This decline is part of a broader market downturn, with major cryptocurrencies like Bitcoin and Ethereum also experiencing substantial losses of 30% and 41%, respectively, from their July peaks. The global cryptocurrency market has shed over $1.36 trillion since October, underscoring the ongoing volatility that continues to challenge traders. Analysts attribute XRP's decline to these broader market trends, which have seen significant sell-offs and price corrections across the board.

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