A terse post on X by validator-operator Vet ignited new attention in the XRP 0 did more than vent — it challenged long-standing assumptions about account influence, insider selling, and network 1 ripple effect is forcing a fresh look at who really holds power on the XRP 2 Sales and Market Sentiment Veteran on-chain research shows that co-founder Chris Larsen’s wallet recently moved an estimated 50 million XRP (~US$120 million) in one 3 time, he has realized more than US$764 million in profit from XRP sales since 4 pattern of large sales has become a recurring concern in the 5 moves feed a fear that retail holders become liquidity for insiders.
On-chain data show large transfers often coincide with local XRP price peaks, reinforcing negative sentiment. I can't wait for when these XRP accounts 6 away like tears in the rain, as a good friend of mine would 7 — Vet (@Vet_X0) October 31, 2025 Governance, Validators, and Account Influence Validators on the XRP Ledger run the node software that validates transactions and maintains 8 they cannot remove on-chain balances or make accounts disappear, their configuration and trust relationships (via Unique Node Lists) give them influence over network health and 9 a validator publicly speaks about “waiting for accounts to disappear,” it may reflect frustration with perceived misuse or centralization of accounts — not actual 10 practice, any account wipe would require protocol‐level amendment and broad 11 Impact on Price and Ecosystem Confidence The reported insider movement of XRP raises real questions about structural supply pressure and investor 12 note the latest sale sparked a renewed bearish tone for XRP even as the broader crypto market remains 13 the same time, the ecosystem is making efforts to reduce friction for new 14 example, a governance vote recently lowered the account-activation reserve by 90% on the XRPL, lowering the barrier to 15 dynamics create mixed signaling: easier on-ramp versus heavy insider 16 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 What This Means Going Forward For stakeholders, whether validators, institutional buyers, or retail holders, the episode underscores three things: Network governance matters: Who runs validators and how they vote affects trust in the 17 risk persists: Large early holdings and recurring sales by insiders can weigh on 18 matters: Public commentary from validators like Vet amplifies pressure beyond raw 19 conclusion, Vet’s pointed observation—“I can’t wait for when these XRP accounts disappear”—may be rhetorical, but its resonance is 20 exposes tensions between decentralized infrastructure, concentrated economic exposure, and real-world 21 the ledger won’t erase accounts on a whim, the rhetorical force of such statements shapes the ecosystem almost as powerfully as 22 XRP watchers, this moment is less about disappearance than accountability, and less about deletion than disclosure.
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