The XRP community has been closely monitoring Chris Larsen's wallet, dormant since 2013, which recently transferred 50 million XRP ($29.12 million) to a new wallet. Speculation initially suggested the transfer was for Ripple’s ODL service.

However, XRP was later sent to exchanges like Binance, Bittrex, and Coinbase, with 30 million tokens transferred today. The purpose of these movements remains unclear, leading to unease within the community.

Larsen hasn’t commented, leaving users wondering if he's planning to sell or if the funds will be used for ODL. Some speculate his account may have been hacked, but there’s no clarification from Larsen yet.