Ripple co-founder Chris Larsen has come under scrutiny after data showed he sold approximately $200 million worth of XRP within ten days. This significant offload of XRP has raised questions among market observers, with some interpreting the move as a sign of wavering confidence in the asset.
Ripple and its executives have dealt with accusations of sell-offs for years. However, while the size of the transaction has sparked concerns, many XRP supporters argue that this development should be assessed within a broader and more nuanced context.
Concerns About Larsen’s XRP Sales
The data was highlighted by Maartunn (@JA_Maartun), a market watcher on X, who included a chart tracking Larsen’s XRP wallet activity over time. The visual shows a notable decline in the address balance, aligning with the reported $200 million sale.
Critics argue that such large-scale sales could negatively impact XRP’s price, with Maartunn suggesting that individual holders may be acting as “exit liquidity” for early investors, such as Larsen.
Like Ripple’s co-founders, Larsen received a large number of tokens at launch, and other executives, such as David Schwartz, who did not receive the same, still bought their tokens very early. This has led some to question the long-term commitment of Ripple’s leadership to the asset and its community, as they believe Ripple may be dumping XRP on the community.
🚨 Chris Larsen (Ripple co-founder) just dumped ~$200M worth of XRP in the past 10 days.
Still buying?
You're the exit liquidity.
He's dumping on you.Think twice. ⚠️ pic.twitter.com/9nLOPI3V6Y
— Maartunn (@JA_Maartun) July 24, 2025
XRP Army Stands Strong
Despite these concerns, multiple XRP advocates have defended the sale. By releasing large amounts of XRP into the market, early holders like Larsen contribute to greater liquidity, which can facilitate wider distribution and access to the asset.
Crypto Bitlord, who recently and accurately predicted the crypto market’s trajectory, weighed in, suggesting that allowing more XRP to circulate at lower prices benefits new investors by making the asset more affordable, viewing the sale as a favour rather than a betrayal.
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Furthermore, XRP’s recent market performance remains strong. One commenter emphasized that XRP reached a new all-time high this month despite the sale, indicating that the broader market remains confident in the token’s value and potential.
Comparisons were also made to other high-profile asset sales by company executives. One community member referenced historical stock sales by Meta CEO Mark Zuckerberg, noting that such moves are common among founders and do not necessarily signal loss of faith.
He argued that XRP’s market presence now exceeds that of any individual, including Larsen, making his recent activity less consequential in the grand scheme.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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