Chris Larsen Intensifies XRP Liquidations at the Heart of Market Cycles

Ripple co-founder Chris Larsen is implementing a systematic strategy to monetize his XRP holdings, accumulating substantial gains that reflect his market timing expertise. Since 2018, this major investor has turned his XRP positions into over $764 million in realized profits, a growth that has notably accelerated in recent years.

A calculated exit strategy: how Larsen plays the cycle

CryptoQuant analyst J. A. Maartunn documented a remarkable pattern: Chris Larsen systematically sells XRP near local peaks, a discipline that attracts both criticism and admiration from market participants. While optimists see it as a prudent strategic profit-taking, detractors view these transactions as deliberate capitalizing on volatility spikes.

Maartunn’s data reveal a dramatic acceleration: Larsen’s profits exploded in 2025, reaching a total of $764.2 million, a significant jump from less than $200 million seven years earlier. This exponential growth illustrates how Chris Larsen has maximized his timing during successive bullish phases of XRP.

Market impact: when mega-sales shape the price

Recently, Chris Larsen transferred 50 million XRP from his wallet to Evernorth’s treasury, confirming his ongoing intent to structure his holdings while capitalizing on market conditions. Despite these repeated liquidations, the co-founder still holds an estimated colossal position of up to $9 billion in XRP, enough to influence market dynamics with each allocation decision.

This accumulation of outflows has contributed to pressure on XRP/USD, which is currently trading at $1.42, down 61% from the multi-year high of $3.65. This sharp correction is partly attributed to the outflows from Larsen’s wallet, which create additional supply with each sale.

Technical rebound: signals that interest traders

To reverse its downward spiral, XRP needs to recover key technical levels. The 200-day simple moving average (SMA) at $2.60 represents a critical first threshold, historically associated with significant price rebounds. Analysts identify intermediate resistance zones between $2.74 and $2.80, as well as the 100-day SMA at $2.94—breaking through these could mark a turning point in the current bearish phase.

Market indicators suggest potential for a bullish correction. A bullish divergence is forming in the relative strength index (RSI), while the MACD (moving average convergence/divergence) could initiate a bullish crossover. These technical signals indicate the bearish trend is losing momentum, reinforcing buying interest on dips as institutional interest rises and seller exhaustion consolidates.

Breaking above the 20-day exponential moving average (EMA), currently at $2.55, would serve as a definitive confirmation of a bullish reversal for XRP, signaling that Chris Larsen and other major holders may soon face increased resistance during new liquidation attempts.

Investors are strongly encouraged to conduct their own research and carefully assess inherent risks before committing capital. This content does not constitute investment advice or recommendations.