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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
07/27/2025

Chris Larsen Suspected of Dumping XRP, Threatening Over $8.8B in Selling Pressure on the Market

A new wave of concern is sweeping through the XRP investor community after a crypto wallet believed to be linked to Ripple co-founder Chris Larsen transferred 50 million XRP — worth roughly $160 million — to exchanges. According to on-chain data from CryptoQuant and analysis by @JA_Maartunn, this may be just the "warm-up" for a much larger sell-off. The wallet still holds approximately 2.58 billion XRP, equivalent to $8.83 billion at current prices. If these tokens continue

Chris Larsen Suspected of Dumping XRP, Threatening Over $8.8B in Selling Pressure on the Market

A new wave of concern is sweeping through the XRP investor community after a crypto wallet believed to be linked to Ripple co-founder Chris Larsen transferred 50 million XRP — worth approximately $160 million — to exchanges.

According to on-chain data from CryptoQuant and analysis by @JA_Maartunn, this may be just the "warm-up" for a much larger sell-off. The wallet still holds approximately 2.58 billion XRP, equivalent to $8.83 billion at current prices. If these tokens continue to be sold, selling pressure could intensify sharply and send XRP's price into a steep decline.

"If $200 million is just the warm-up… what comes next?" — Maartunn wrote pointedly on X (Twitter).

How Did the Market React?

Following the 50 million XRP transfer, XRP dropped more than 13%, falling from its recent high of $3.60 to $3.18. This is a significant correction, especially given that XRP had been viewed as one of the leading altcoins in the market's recent recovery rally.

"Don't become the liquidity someone else exits into. Protect yourself." — Maartunn warned retail investors.

Meanwhile, Bitcoin Holds Steady

Notably, news that a "Satoshi-era whale" sold as much as 80,000 BTC — worth over $9 billion — through Galaxy Digital appeared to have little meaningful impact on the Bitcoin market. Although BTC briefly dipped to $114,500, it quickly recovered back above $117,000.

The divergence in market reactions highlights that Bitcoin's liquidity and absorption capacity are far stronger than XRP's — a fact that has only deepened anxiety within the XRP community.

Conclusion

If XRP transfers from Chris Larsen's wallet continue, the market could face massive supply-side pressure. Investors are advised to closely monitor on-chain data and individual wallet activity to avoid becoming "exit liquidity" — the buyers that allow sellers to offload their positions.