According to a series of posts on the XRP-centered forum XRPChat, FundingWallet1 is owned by Ripple co-founder Chris Larsen.
Data from the XRP explorer Bithomp shows the wallet was activated by Larsen and currently has a balance of 32,926,000 XRP.
Larsen remains on Ripple’s board of directors and recently made the latest Forbes list of the 400 wealthiest Americans, with a net worth of $2.1 billion.
Meanwhile, Bitcoin whales continue to surface as the leading cryptocurrency continues to move sideways, trading around $8,200 at time of writing.
In the last 24 hours, some of the biggest Bitcoin holders in existence have moved 8,722 BTC, worth around $70.4 million.
The biggest single transfer moved 2,000 BTC worth $16.2 million between two crypto exchanges, from BitMEX to Bitstamp. Read More...