Ripple’s Co-founder Tweaks His XRP Strategy: Implications for Price Movement
Chris Larsen, Ripple's co-founder, has raised significant profits through XRP sales, which might affect the cryptocurrency's market recovery.
Key Highlights:
- Chris Larsen has accrued $764,209,610 in profits from XRP sales since 2018.
- XRP needs to recover above the 200-day SMA at $2.60 to halt its downward trend.
XRP ($XRP) faces potential declines as Chris Larsen continues to cash in his XRP holdings.
In a tweet, J. A. Maartunn, an analyst at the onchain analytics platform CryptoQuant, noted that Larsen tends to cash out at peak levels.
Chris Larsen’s Realized Profits Hit $764 Million
Currently, XRP trades approximately 34% lower than its multi-year peak of $3.66 recorded on July 13, partially due to significant withdrawals linked to Larsen.
While some view this profit-taking as responsible, others accuse him of intentionally selling at the highs. Maartunn shared a chart indicating that Larsen’s profits surged to $764.2 million in 2025 from under $200 million seven years prior.
“Chris Larsen has realized $764,209,610.42 in profits since January 2018,” says Maartunn.
On Monday, the analyst pointed out a 50 million XRP transfer from Larsen’s wallet, which was later confirmed as an investment in the Evernorth treasury.
“Congrats @ashgoblue and the @evernorthxrp team on today’s launch! Evernorth fills the missing link today in XRP capital markets, and XRP usage in DeFi products. I’m proud to invest 50M XRP in the firm (you may see some wallet movement on this). Link” — Chris Larsen (@chrislarsensf) on October 20, 2025
Maartunn continues, noting:
“This is not an isolated event. Larsen frequently cashes out near local highs.”
Based on previous reports, Larsen has an estimated $9 billion in XRP, likely contributing to ongoing sell-side pressure.
Essential XRP Price Levels to Monitor
The XRP/USD pair must pivot at the 200-day SMA of $2.60 for opportunities towards higher targets above $3.00. The last significant recovery was seen in July, indicating its potential for a repeat if this trendline is reclaimed.
Higher resistance points include the $2.74-$2.80 range (aligned with the 50-day SMA) and the 100-day SMA at $2.94, which if breached, could signify an end to the current downtrend.
The indicators show potential for a rebound, bolstered by a bullish divergence in the RSI, suggesting that while prices are waning, buyer interest is returning. A bullish signal from the moving average convergence divergence could also enhance this momentum.
For the bulls to gain further traction, prices must exceed the 20-day EMA at $2.55 to convey a sustainable comeback.
This article does not constitute investment advice. Always ensure to conduct your own research before making any trading decisions.
