Ripple’s Co-Founder Sells XRP at This Exact Time — Analyst Spots a Pattern

According to an on-chain analyst, Ripple co-founder Chris Larsen has reportedly pocketed over $764 million in profits from XRP (XRP) sales since 2018, raising concerns among investors.

The executive’s latest sale this week marked his biggest one yet. It came amid a volatile time for XRP, which has been hit hard in October, one of its historically weakest months.

In a recent post on X (formerly Twitter), CryptoQuant’s community analyst Maartun highlighted that on October 20, Larsen sold 50 million XRP worth around $120 million. This represented his largest XRP sale to date.