Oh dear, hold on tight! Ripple’s own Chris Larsen, the big cheese behind the whole XRP madness, has been making some rather questionable moves. According to an on-chain analyst, this guy has been raking in over $764 million from XRP sales since 2018, which, let’s face it, is making investors’ palms sweat.
The latest in Larsen’s little “I’ll sell it when it’s hot” routine was his biggest sale yet. And surprise, surprise, it happened during one of XRP’s most chaotic months-October. It seems like the coins were just begging to be sold!
Larsen’s XRP Selling – The Pattern You Can’t Unsee
So, guess what? This week, the good ol’ Chris decided to sell a whopping 50 million XRP, which, by the way, is worth around $120 million. Yep, you read that right. $120 MILLION. And that’s not all-this was his LARGEST sale EVER. Talk about making a big splash!
🚨 NOW: Chris Larsen (Ripple co-founder) just offloaded 50M $XRP (worth ~$120M) in the past hour.
Still buying the hype?
He’s cashing out.
You’re holding the bag.– Maartunn (@JA_Maartun) October 20, 2025
But wait! The plot thickens-this wasn’t just some random sale. Oh no, no, no. It turns out this 50 million XRP was all tied up with a company called Evernorth. They’re trying to raise a cool $1 billion to start an XRP-focused digital asset treasury. And guess who’s one of the investors? Yep, our favorite coin-flipper, Chris himself.
Larsen confirmed the transaction by saying, “Evernorth fills the missing link today in XRP capital markets, and XRP usage in DeFi products. I’m proud to invest 50 million XRP in the firm (you may see some wallet movement on this).” (Translation: “I’m just trying to make some more money while you’re still holding the bag.”)
“Evernorth fills the missing link today in XRP capital markets, and XRP usage in DeFi products. I’m proud to invest 50 million XRP in the firm (you may see some wallet movement on this),” he posted.
Still, Maartun, the eagle-eyed analyst, wasn’t buying the story. He pointed out Larsen’s curious habit of selling off his XRP near local highs-just like clockwork. It’s a pattern. A very, VERY concerning one.
“Chris Larsen (Ripple co-founder) has realized $764,209,610.42 (!!) in profits since January 2018,” the analyst stressed.
Earlier this year, detective ZachXBT also got involved and exposed yet another similar incident. Apparently, between July 17 and July 24, Larsen’s address moved another 50 million XRP, which was worth around $175 million. Classic Larsen!
“$140 million ended up at exchanges/services. ~$35 million received to two new addresses,” the crypto sleuth noted.
Will XRP Bounce Back in November? Or Is It Another Mirage?
Meanwhile, XRP is still struggling in the market. Let’s just say October has never been its best month. And despite all the hoopla about potential ETF approvals, the US government shutdown is throwing a wet blanket on everyone’s optimism. Oh, and don’t forget the ‘Crypto Black Friday’ crash, where XRP dropped faster than your patience during a bad Netflix show.
And here’s the cherry on top: wallets holding over 1 billion XRP have sold more than 1.09 billion tokens-worth a whopping $2.6 billion. Ouch. Looks like everyone’s trying to get out while they still can.
But wait, there’s hope! XRP did manage a small, almost imperceptible, 1.37% gain just yesterday. Small victories, right?
And don’t just take our word for it-technical indicators are starting to look like there might be a light at the end of the tunnel. With some analysts predicting a potential rally, XRP might just be poised to hit $5. Or is it just another pipe dream? You decide.
“XRP is showing signs of a bullish reversal on the horizon. Channel support awaits below, with HLs on the weekly MACD, and SRSI levels in oversold territory,” he wrote.
$XRP will melt all faces.
Ripple is clearly gathering strength in an accumulation phase ahead of a major breakout.
Don’t be fooled by the market’s silence; such periods often herald major moves.
Xrp which has historically enjoyed surprises, is again painting a similar…
– EᴛʜᴇʀNᴀꜱʏᴏɴᴀL 💹🧲 (@EtherNasyonaL) October 21, 2025
Seasonality is also tipping the scales in XRP’s favor. November has traditionally been its strongest month, with average returns of around 88%. Could this be the calm before the storm? Who knows! But if you’ve got some XRP hanging around, you might just want to hold on for dear life. 🚀
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2025-10-23 16:38