Overview
- CryptoQuant’s J. A. Maartunn estimates Chris Larsen has realized about $764.2 million in profits from XRP sales since 2018.
- On October 20, Larsen confirmed moving 50 million XRP as an investment into Evernorth, a venture reported to be planning a $1 billion raise for an XRP-focused treasury.
- Analysts highlight a yearslong pattern of selling near price peaks, with realized gains accelerating in 2025.
- Blockchain investigator ZachXBT previously tracked a July movement of 50 million XRP tied to Larsen-linked wallets, noting a large share was routed to exchanges and services.
- XRP trades well below its July 2025 high and remains under key moving averages as traders watch concentrated holdings for potential future selling pressure.