Ripple's executive, Larsen, unloads $200 million worth of XRP, prompting a financial analyst's comment.
In the world of cryptocurrency, Ripple (XRP) continues to make headlines, and one of its key figures, co-founder Chris Larsen, has been making waves recently. As of late July 2025, Larsen owns approximately 2.6 billion XRP tokens, valued at over $8 billion, representing about 4.39% of the total XRP supply [2].
Larsen, who initially received a total of 9.5 billion XRP tokens, has been systematically selling XRP throughout 2025. In mid to late July, he transferred around $140 million worth of XRP to exchanges, coinciding with price drops [1][3]. Remarkably, his remaining holdings have remained around 2.58 to 2.6 billion XRP despite these transactions [1][2][3].
The recent sale of XRP tokens did not significantly diminish Larsen's substantial XRP balance. XRP briefly plunged below the $3 level earlier today, marking its worst daily drop since April. However, the bulls managed to regain some ground for XRP later in the day [4].
It's important to note that Ripple co-founders received 20% of the total XRP supply. This pre-mine, which included Larsen's holdings, was part of the 2012 distribution [5].
While Larsen's XRP holdings were initially reported as 2.6 billion tokens, recent updates suggest they have now grown to approximately 2.8 billion tokens [6]. This development underscores Larsen's continued commitment to Ripple and XRP, despite the fluctuations in the market.
This news serves as a testament to Larsen's faith in Ripple and XRP, even amidst market volatility. As the cryptocurrency landscape continues to evolve, the role of key figures like Larsen becomes increasingly significant. Stay tuned for more updates on Ripple and XRP news.
Sources: [1] https://www.bloomberg.com/news/articles/2025-07-26/ripple-s-larsen-sells-140-million-of-tokens-as-crypto-plunges [2] https://www.coindesk.com/ripple-co-founder-chris-larsen-holds-2-6-billion-tokens [3] https://www.ccn.com/ripple-co-founder-chris-larsen-sells-140-million-of-tokens-as-crypto-plunges/ [4] https://www.cryptoground.com/news/ripple-price-analysis-xrp-bulls-reclaim-ground-after-terrible-drop/ [5] https://www.investopedia.com/terms/r/ripple.asp [6] https://www.coinspeaker.com/2025/08/02/ripple-co-founder-chris-larsen-now-holds-2-8-billion-xrp-tokens/
- In the world of cryptocurrency, apart from Ripple (XRP), other digital assets such as Ethereum and Bitcoin also play a significant role in finance and investing, with their token prices being subject to technology-driven predictions and market liquidity.
- Larsen's commitments to XRP, as demonstrated by his recent growth in XRP token holdings, could potentially impact the crypto market dynamics, particularly in relation to Bitcoin and other major tokens.
- While Larsen's transactions of XRP tokens might influence the asset's price, it is also essential to consider the interconnectedness of crypto prices with factors like technology advancements, investor sentiment, and liquidity.
- As key figures in the crypto space like Larsen continue to navigate their roles amidst market volatility and fluctuating prices, the technology behind these digital assets, such as Ethereum and Bitcoin, remains a crucial factor in their long-term success and potential growth within the broader finance sector.
