Chris Larsen Continues to Sell, Bringing XRP Realized Profits to $764M

Main takeaways:

• Chris Larsen, co-founder of Ripple, has generated $764,209,610 in profits from XRP sales since 2018.

• XRP must reclaim the 200-day simple moving average at $2.60 to end the downtrend.

XRP (XRP) was at risk of further losses as Ripple co-founder Chris Larsen continued to make profits on his XRP stash.

In a post on X, JA Martone, an analyst at onchain analytics platform CryptoQuant, said, He said XRP holders see Larsen as having a “habit of cashing out near local highs.”

Chris Larsen’s XRP company generated profits of $764 million

The price of XRP is trading 34% below its multi-year high of around $3.66, which was reached on July 13, a decline partly attributed to large outflows from a wallet linked to Ripple co-founder Chris Larsen.

Related to: XRP price targets $3, as number of whale wallets reaches all-time highs

While some see this as reasonable profit-taking, others have accused Larsen of deliberately deflating at the highest levels.

Following up on the topic, Maartunn shared a graph revealing that Larsen’s profits from his XRP withdrawals expanded significantly in 2025, rising to $764.2 million from less than $200 million more than seven years ago.

“Chris Larsen has earned $764,209,610.42 since January 2018,” Martin wrote.

In an earlier post to X on Monday, the analyst said It has been marked Transfer of 50 million XRP from Larsen’s wallet, which the co-founder later confirmed was an investment in Evernorth’s treasury.

congratulations @ashgoblue and @evernorthxrp The team at the launch today! Evernorth fills today’s missing link in XRP capital markets, and the use of XRP in DeFi products. I’m proud to have invested 50 million XRP in the company (you may see some wallet movement on this). https://t.co/AAbkO6WlZe

– Chris Larsen (@chrislarsensf) October 20, 2025

“This is not an isolated event,” Martin said, adding:

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

As Cointelegraph reported, Larsen theoretically has up to $9 billion worth of XRP, which will likely continue to exert selling pressure in the future.

Key XRP price levels to watch next

The XRP/USD reversal of the 200-day simple moving average (SMA) at $2.60 on the daily chart needs support to target higher highs above $3.00.

Related to: Ripple will bring RLUSD stablecoin to Bahrain through new partnership

The recovery of this trend line was preceded by significant rebounds in the price of XRP, as seen in July (see chart below).

Above that, the next level to watch would be the $2.74-$2.80 range, where the 50-day simple moving average (SMA) is currently located.

The next barrier is the 100-day simple moving average at $2.94, which, if broken, would signal the end of the downtrend.

The chances of XRP price rising from current levels are supported by bullish divergence from the Relative Strength Index, or RSI, as shown in the chart above.

A divergence between falling prices and rising RSI usually indicates a weakening in the prevailing downtrend, prompting traders to buy more on dips as investor interest increases and seller exhaustion increases.

A potential bullish crossover from the moving average convergence divergence could increase bullish momentum.

As Cointelegraph reported, the bulls must push the price above the 20-day Exponential Moving Average (EMA) at $2.55 to indicate a return.

This article does not contain investment advice or recommendations. Every investment and trading move involves risks, and readers should conduct their own research when making a decision.