Chris Larsen's XRP Realized Profits Exceed $764 Million
Ripple co-founder Chris Larsen has continued to realize substantial profits from his XRP holdings, with sales accumulating to $764,209,610 since January 2018. This trend has raised concerns among XRP holders regarding potential downward pressure on the cryptocurrency's price.
An analyst at onchain analytics platform CryptoQuant, J. A. Maartunn, highlighted in a post on X that Larsen has a pattern of selling his XRP near local price peaks. This observation comes as XRP's price trades significantly below its multi-year highs.
While some view these sales as a natural profit-taking strategy, others have accused Larsen of deliberately offloading his XRP at opportune moments. Maartunn's analysis, based on a chart, shows a significant increase in Larsen's realized profits from XRP withdrawals in 2025, rising from under $200 million to the current figure.
Maartunn stated, "Chris Larsen has realized $764,209,610.42 in profits since January 2018."
Earlier, Maartunn had flagged a 50 million XRP transfer from Larsen's wallet. Larsen later confirmed this transaction was 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). https://t.co/AAbkO6WlZe
— Chris Larsen (@chrislarsensf) October 20, 2025
"This isn’t an isolated event," Maartunn commented, adding, "Larsen has a recurring habit of cashing out near local highs."
Analysts note that Larsen's wallet still holds a substantial amount of XRP, estimated to be up to $9 billion, which could continue to exert selling pressure on the market.
Key XRP Price Levels to Monitor
For XRP to reverse its current downtrend and aim for price levels above $3.00, it must first reclaim and hold the 200-day simple moving average (SMA) at $2.60 as support on the daily chart. Historically, significant recoveries in XRP's price have followed the reclamation of this trendline.
Following the 200-day SMA, the next significant resistance zone to watch is the $2.74 to $2.80 range, where the 50-day SMA is currently positioned. A decisive break above this level could pave the way for further upward movement.
The 100-day SMA at $2.94 represents a crucial barrier. Surpassing this level would signal a potential end to the prevailing downtrend and could trigger renewed buying interest.
Technical indicators suggest potential for a price increase. A bullish divergence observed in the relative strength index (RSI) indicates that while prices have been falling, the RSI has been rising. This pattern often signals a weakening downtrend and can precede a price reversal as investor interest grows and selling pressure subsides.
Additionally, a potential bullish cross on the moving average convergence divergence (MACD) could further bolster upward momentum.
To confirm a comeback, XRP bulls need to drive the price above the 20-day exponential moving average (EMA), currently situated at $2.55.