Key conclusions:
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Ripple co-founder Chris Larsen has made $764,209,610 in profits from selling XRP since 2018.
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XRP needs to recover the 200-day SMA at $2.60 to stop the downtrend.
XRP (XRP) was at risk of further losses as Ripple co-founder Chris Larsen continued to profit from his XRP holdings.
In a post on Xu, JA Maartunn, an analyst at onchain analytics platform CryptoQuant, told XRP holders Larsen has “a habit of cashing out near local highs.”
Chris Larsen’s XRP Earnings Reach $764 Million
The price of XRP is trading 34% below its multi-year highs of around $3.66 reached on July 13, a decline attributed in part to large outflows from a wallet linked to Larsen.
Related: XRP price targets $3 as whale wallets hit new all-time highs
While some see this as reasonable profit-taking, others have accused Larsen of deliberately offloading on high prices.
Following up on the topic, Maartunn shared a chart revealing that Larsen’s realized profits from his XRP withdrawals increased significantly in 2025, rising to $764.2 million from under $200 million more than seven years ago.
“Chris Larsen has made $764,209,610.42 in profits since January 2018,” Maartunn wrote.
In an earlier X post on Monday, an analyst marked with a flag a transfer of 50 million XRP from Larsen’s wallet, which the co-founder later confirmed was an investment in Evernorth’s treasury.
all the best @ashgoblue and @evernorthxrp team at today’s presentation! Evernorth today fills the missing link in XRP capital markets and the use of XRP in DeFi products. I am proud to invest 50 million XRP in the company (you may see some wallet movements on this one). https://t.co/AAbkO6WlZe
— Chris Larsen (@chrislarsensf) October 20, 2025
“This is not an isolated event,” Maartunn said, adding:
“Larsen has a recurring habit of cashing in near local highs.”
As reported by Cointelegraph, Larsen theoretically has up to $9 billion left in XRP, which is likely to continue to put selling pressure in the future.
Key XRP price levels to watch next
The XRP/USD pair needs to turn the 200-day simple moving average (SMA) at $2.60 on the daily chart in support of targeting higher highs above $3.00.
Related: Ripple brings RLUSD stablecoin to Bahrain via new partnership
The reversal of this trend line was previously preceded by a significant recovery 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) currently resides.
The next barrier is the 100-day SMA at $2.94, which, if broken, would signal the end of the downtrend.
The prospect of XRP price rising from current levels is supported by a bullish divergence from the Relative Strength Index, or RSI, as shown in the chart above.
The difference between falling prices and a rising RSI usually indicates weakness in the prevailing downtrend, prompting traders to buy more on dips as investor interest builds and sellers become exhausted.
A possible bullish cross from the moving average divergence could also add fuel to the upside momentum.
As reported by Cointelegraph, bulls need to push the price above the 20-day exponential moving average (EMA) at $2.55 to signal a rebound.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should do their own research when making a decision.
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