PANews reported on January 30 that on-chain analyst ZachXBT disclosed on the X platform that the wallet address (rhREXVHV938ToGkdJQ9NCYEY4x8kSEtjna) under the name of Ripple co-founder Chris Larsen has transferred more than $109 million of XRP to exchanges such as Coinbase, Bitstamp and Bybit this month.