TLDR
- Chris Larsen has realized $764M in XRP profits from sales since 2018.
- XRP is trading 34% below its July 2025 multi-year high of $3.66.
- Larsen still holds up to $9 billion in XRP, posing potential pressure.
- XRP must break the $2.60 200-day SMA to reverse its current downtrend.
Chris Larsen, Ripple’s co-founder and former CEO, has reportedly realized over $764 million in XRP sales since 2018. Analysts say his consistent selling near local price peaks may be contributing to XRP’s struggle to recover. With XRP trading 34% below its July highs, large sell-offs from wallets linked to Larsen continue raising concerns among investors about future price pressure.
Larsen’s XRP Sales Reach Over $764 Million
CryptoQuant analyst J. A. Maartunn shared data showing Chris Larsen has realized $764,209,610 in profits from XRP sales since January 2018. According to the analyst, Larsen frequently sells XRP near local price highs, a pattern that has persisted for years.
The most recent transfer involved 50 million XRP from a wallet linked to Larsen. He later confirmed this transfer as an investment into the Evernorth treasury. Still, the selling trend has raised concerns. Maartunn wrote on X, “Larsen has a recurring habit of cashing out near local highs.”
CryptoQuant’s chart data shows that Larsen’s realized profits saw a sharp increase in 2025. The figure jumped from under $200 million in previous years to over $764 million this year alone. The trend suggests continued selling pressure as he reportedly still holds up to $9 billion in XRP.
Price Drawdown and Technical Pressure
XRP is currently trading 34% below its multi-year high of $3.66 recorded in July. Many observers are pointing to large outflows from Larsen-linked wallets as one of the reasons for the recent decline. These sales have led to concerns among traders about the long-term recovery of the token.
XRP’s price currently stands at $2.38, and analysts believe the token needs to break several key resistance levels to reverse its current downtrend. The first major level is the 200-day Simple Moving Average (SMA), which sits at $2.60. A recovery above this mark is seen as a necessary step toward a bullish structure.
Further resistance lies at the 50-day SMA, which ranges between $2.74 and $2.80. Above that, the 100-day SMA is placed at $2.94. If XRP breaks through these levels, analysts suggest the trend could turn more favorable.
Technical Indicators Suggest Possible Recovery
Some technical signals suggest that XRP could find support in the near term. A bullish divergence is forming on the Relative Strength Index (RSI), which means prices are falling while RSI is rising. This pattern can signal seller exhaustion and may attract buyers looking for entry points.
A possible bullish crossover on the Moving Average Convergence Divergence (MACD) is also developing. This would indicate potential momentum if the crossover confirms in the coming days. However, for any strong upside to follow, XRP must first move above the 20-day Exponential Moving Average (EMA), currently at $2.55.
Previous recoveries in XRP’s price have followed successful retests of these moving averages. For now, the market remains cautious, especially as large holders like Larsen continue to offload tokens near peak levels.
Ongoing Selling May Affect Price Stability
Market participants are closely watching wallet activity tied to Ripple insiders. With Larsen still estimated to hold billions in XRP, analysts warn that more selling could continue. Although he explained the latest transfer as an investment move, the broader trend has sparked concern among XRP holders.
The pattern of selling at local highs appears consistent, adding to speculation that recovery could face continued headwinds. Many are now focused on whether XRP can regain key technical levels to break free from its current trend.
