Ripple Co-founder Profits $764 Million from XRP Sales

XRP price may face pressure due to Ripple co-founder Chris Larsen's profit-taking, warns analyst Maartunn.

The price of XRP may face downward pressure as Ripple co-founder Chris Larsen actively locks in profits. This warning comes from CryptoQuant analyst Maartunn. 

😱 Chris Larsen (Ripple co-founder) has realized $764,209,610.42 (!!) in profits since January 2018.

Yes, the latest sale is tied to EvernorthXRP. But this isn’t an isolated event.

Larsen has a recurring habit of cashing out near local highs.

Zoom out. See the bigger picture. https://t.co/828ToHjC6T pic.twitter.com/53jW6hk92X

— Maartunn (@JA_Maartun) October 23, 2025

Currently, the asset is trading at around $2.3, which is 34% below the peak of $3.66 recorded in July. Market participants partly attribute this correction to Larsen’s actions. 

According to Maartunn, Larsen’s realized profit from cryptocurrency sales over seven years has reached $764.2 million. 

On October 20, the expert noted a transfer of 50 million XRP worth $120 million, suggesting that the Ripple co-founder was once again preparing to sell coins. On that day, the asset’s price rose to $2.53. 

Later, Larsen explained that the transaction was related to an investment in Evernorth’s 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). https://t.co/AAbkO6WlZe

— Chris Larsen (@chrislarsensf) October 20, 2025

However, Maartunn emphasized that this instance was merely an exception. 

“Larsen has a well-established habit of exiting positions near local highs,” the expert added. 

Analyst known as Coby Vu outlined the movement of the Ripple co-founder’s capital over the years: 

• 2018 — 200 million XRP sold at around $3.84, netting approximately $500 million;
• 2021 — 500 million XRP sold at roughly $1.96, yielding $1 billion;
• 2025 — 50 million XRP transferred to Evernorth at a rate of $2.5. 

Larsen currently holds about 2.5 billion XRP, which constitutes approximately 8% of the total cryptocurrency supply. According to the expert, nearly 80% of his realized profits come from transactions within 10% of cycle peaks. 

The community has previously accused the Ripple executive of dumping the asset. In July, he transferred coins worth about $140 million to Coinbase when the altcoin was trading at its historical high. 

In October, ZachXBT uncovered a scheme involving the theft of $3 million in XRP from an inexperienced user’s wallet.