XRP: Ripple Co-Founder Chris Larsen Moves $26M Amid 2025 Selloff

XRP continues to make headlines as Chris Larsen, Ripple’s co-founder and current board chairman, intensifies his ongoing offload of XRP tokens. Onchain activity has revealed that Larsen moved a significant $26 million worth of XRP—further extending an aggressive selling streak that began earlier this year.

The transaction was discovered when a wallet linked to Larsen transferred millions of XRP to Coinbase, a major U.S.-based exchange. This sizable transfer occurred just as XRP hit a seven-month high, igniting speculation within the crypto community about his continued sell-off and its potential implications.

Ongoing XRP Liquidation by Larsen

Larsen has been steadily unloading XRP throughout 2025. Earlier this year in January, an address labeled chrislarsen(5) moved 40 million XRP—valued at approximately $116 million at the time—to various exchanges. The Crypto Basic reported this initial movement, which has since escalated.

Recent records show that by July, the same wallet had transferred around 66 million XRP across numerous transactions directed to Coinbase and another undisclosed wallet, which is also presumed to be tied to exchange operations. The latest $26 million dump brings Larsen’s total sales to 106 million XRP—equating to $334 million based on average sell prices.

Ironically, Larsen may have forfeited additional gains by selling too soon. XRP’s recent surge to $3.23 places the worth of his sold stash at $342 million—$8 million more than what he actually received from the sale. Market watchers note that this exemplifies the volatile timing risks in the crypto markets.

Major XRP Holdings Remain Untouched

Despite high-volume activity, Larsen still holds an enormous reserve of XRP. According to data from XRPScan, the chrislarsen(5) account retains an estimated 332.5 million XRP—valued at over $1.08 billion at today’s market price.

This wallet originally received 500 million XRP back in 2013 when the XRP Ledger was first launched, a distribution many perceive as a foundational reward. The account remained dormant until September 2024, when a 50 million XRP transfer to Coinbase marked the beginning of public onchain activity. From that moment, Larsen’s distributions grew steadily, with about 167.5 million XRP sold across several months.

Cumulatively, Larsen is believed to hold about 2.6 billion XRP across six wallets. At current value, this translates into a staggering $8.4 billion in XRP alone. That figure represents about 4.39% of XRP’s total circulating supply, a concentration that has sparked debate among investors and community stakeholders regarding market influence.

Community Sentiment and Market Resilience

Larsen’s steady liquidation strategy has sparked mixed views within the XRP community. Some investors express concern that such significant holdings in a single individual’s possession may introduce risks to price stability, especially as more tokens are sent to exchanges.

Nevertheless, XRP seems to be holding strong despite these sales. The asset has maintained momentum, currently valued at $3.23, and is outperforming other major cryptocurrencies in the top 10 by market cap. The coin’s total market capitalization now exceeds $190 billion, bringing it impressively close to its all-time record of $3.84. This shows continued interest and resilience from traders and investors who remain bullish on XRP’s long-term position in the crypto space.

Related: XRP Price: $12M Max Pain for Bears

As Ripple’s ecosystem continues to mature, observers will likely keep a closer eye on insider activity. While institutional interest remains robust, transparency and trust are essential for XRP to sustain its upward trajectory amid large-scale movements like those from its co-founder.