Ripple co-founder Chris Larsen has reportedly sold over $764 million in XRP since 2018, triggering renewed investor concerns about price stability.
Key Takeaways
- Chris Larsen has realized $764 million in XRP sales since 2018, often near local market peaks.
- XRP is trading 34 percent below its July 2025 multi-year high, with the token underperforming in recent months.
- Larsen’s latest 50 million XRP transfer, confirmed as an investment in Evernorth, marks his largest single move yet.
- Technical indicators suggest a potential reversal, but Larsen’s remaining $9 billion XRP stake may keep pressure on prices.
What Happened?
Ripple’s co-founder and former CEO Chris Larsen has been systematically selling large amounts of XRP, totaling over $764 million in realized profits since 2018. According to analysts, these sales often occur near price highs, suggesting a pattern of strategic offloading. Most recently, Larsen confirmed a 50 million XRP transfer linked to his investment in Evernorth, a newly launched XRP-focused treasury firm. The move has stirred fresh debate about his long-term impact on XRP’s price trajectory.
Larsen’s XRP Sales Raise Eyebrows
Larsen’s XRP activity came under intense scrutiny following a report by CryptoQuant analyst J. A. Maartunn. He noted a consistent habit of Larsen selling close to local price peaks. The latest sale, involving 50 million XRP worth approximately $120 million, was flagged on October 20. Although Larsen clarified that this was part of his investment in Evernorth, the pattern remains a concern.
Larsen’s Ledger: $764M XRP Windfall and the Highs’ Habit
— Coby Vu | FVM Research (@Cobyvu8820) October 23, 2025
October 23, 2025 — In the ever-revolving theater of crypto wealth, where timing often outperforms technology, Chris Larsen’s $764 million realized profit from XRP sales since 2018 reads as both masterclass and mirror—a… pic.twitter.com/jeev3cMIzK
Larsen wrote, “Evernorth fills the missing link today in XRP capital markets, and XRP usage in DeFi products. I’m proud to invest 50 million XRP in the firm (you may see some wallet movement on this).”
Evernorth, which recently announced plans to raise $1 billion and go public, lists Larsen among its early backers. Despite the context of the transfer, the timing aligns with previous high-price transactions from Larsen’s wallet. Blockchain investigator ZachXBT also reported a similar 50 million XRP movement in July, reinforcing the sell-high trend.
According to sources, Larsen is still estimated to hold up to $9 billion in XRP, keeping future selloff fears alive.
XRP Price Under Pressure
XRP is currently trading at $2.38, around 34 percent below its multi-year high of $3.66 reached in July. October has historically been a weak month for the token, and 2025 has been no exception. XRP dropped 16 percent over the past month amid a combination of profit-taking and seasonal weakness.
Technical analysis indicates that XRP must reclaim the 200-day Simple Moving Average (SMA) at $2.60 to potentially reverse the current downtrend. Additional resistance lies at:
- 50-day SMA between $2.74 and $2.80
- 100-day SMA at $2.94
Breaking through these resistance points could signal a return to bullish momentum, especially if supported by renewed investor interest.
Signs of a Possible Recovery
Despite current headwinds, there are reasons for cautious optimism. Technical indicators are flashing early signs of a reversal:
- A bullish divergence on the Relative Strength Index (RSI) suggests weakening bearish momentum.
- A potential bullish crossover on the Moving Average Convergence Divergence (MACD) could point to growing upside potential.
Additionally, historical performance shows that November is typically XRP’s strongest month, with average gains of 88 percent. Analysts believe that if XRP can hold support levels and break above key moving averages, a rally to $5 could be possible in the near future.
CoinLaw’s Takeaway
In my experience, markets tend to react emotionally when insiders make big moves, and Larsen’s XRP sales are no different. I get why investors are uneasy. When someone who still holds billions in a token keeps selling right before a dip, it shakes confidence. Even if the latest transfer went to a new venture, the broader pattern fuels fear. On the flip side, technicals hint at a possible bounce if XRP breaks through resistance. I’ll be watching closely to see if this turns into a recovery or more of the same choppy action.
