Advertise
- Rizwan AnsariRizwan Ansari
- Reviewed by:
Sohrab KhawasSohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.
- Oct 23, 2025 10:37 UTC
-
Why Ripple’s Chris Larsen Moved $120M in XRP After Earning $764M in Profits
Chris Larsen realized $764 million profit from XRP holdings after Ripple’s SEC court victory.
Larsen strategically sold XRP near market highs, often influencing major whale liquidity movements.
His latest $120 million XRP transfer links to Ripple-backed Evernorth’s $1 billion treasury plan.
Ripple co-founder Chris Larsen has quietly turned years of XRP holdings into a staggering $764 million profit, according to new CryptoQuant data. Once seen as a long-term holder, Larsen’s timing now appears almost surgical, often selling near market peaks.
His latest $120 million XRP transfer has raised questions about the sell-off; however, it isn’t a routine move.
Larsen’s $764 Million Realized Profit
According to on-chain data from CryptoQuant analyst Maartunn, Chris Larsen’s profit from XRP stayed below $200 million until early 2025. However, it later rose to around $764 million as XRP’s price surged following Ripple’s victory in its case against the SEC.
What makes this more interesting is that Larsen has often sold XRP near local highs, a practice that has historically influenced whale behavior and prompted broader market liquidity movements.
Earlier this week, he moved 50 million XRP, worth about $120 million, which caused worry among traders who feared another major sell-off.
However, Larsen later explained that the transfer was linked to Evernorth, part of Ripple’s $1 billion treasury plan, which focuses on supporting the XRP ecosystem and boosting its institutional growth.
Larsen Holds 2.5 Billion XRP Tokens
Chris Larsen, who still holds around 2.5 billion XRP, remains one of the largest individual holders of the token. His recent activity reflects a pragmatic approach, realizing profits during price surges while continuing to support the XRP ecosystem through initiatives like Evernorth.
Analysts point out that with over 93% of XRP’s total supply currently in profit, many holders are choosing to secure gains.
Evernorth’s Role in XRP Capital Markets
Evernorth Holdings, backed by Ripple and other major industry players such as SBI, Pantera Capital, Kraken, and GSR, aims to raise $1 billion to create the largest publicly traded XRP treasury.
Larsen’s capital commitment and token transfer to Evernorth underscore his confidence in institutionalizing XRP liquidity.
As of now, XRP price is trading around $2.41, reflecting a jump of 1% seen in the last 24 hours, with a market cap hitting $144.38 billion.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
FAQs
Larsen remains a major individual holder, currently possessing approximately 2.5 billion XRP tokens alongside his strategic profit-taking.
Evernorth aims to create the largest public XRP treasury, backed by industry leaders, to institutionalize liquidity and support the XRP ecosystem’s growth.
XRP trades around $2.41, with over 93% of its total supply currently in profit, leading many holders to secure gains during this surge.
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Yes 
No 
