XRP Holders Warned as Ripple Co-Founder Chris Larsen Moves 50M Tokens to Exchanges

Ripple co-founder Chris Larsen moved about 50 million XRP to exchanges, leading to accusations of “insider dumping” and fears among investors of becoming “exit liquidity”.
Despite the recent transfer, Larsen still holds over 2.5 billion XRP, valued at roughly US$8.83B, a concern of potential future sell-offs that could heavily impact the price.
Following the wallet activity, XRP’s price has corrected approximately 13% from its recent high, even though it remains one of the better-performing altcoins over the last 30 days.

Again, it looks like Ripple executives are dumping on their investors, or at least that’s what some members of the XRP community feel now that Chris Larsen is yet again moving millions of tokens.

That’s right. Chris Larsen, Ripple co-founder, triggered another sell-off concern among XRP holders after moving roughly 50 million XRP to exchanges, and he’s being accused of insider dumping at this point.

Related: AFR: Carnegie Opens Crypto Gate for Super Funds and Family Offices

Don’t Get Dumped On

The transfers were first flagged on July 17, following XRP’s sharp rally to US$3.65 (AU$5.55), its new all-time high. In social media, the discontent is quite clear, with many calling the move a deliberate attempt to cash out at the top.

Others just view it as routine profit-taking, but critics aren’t buying it. For instance, CryptoQuant contributor J. A. Maartunn warned on X that the outflow is only a fraction of the threat, pointing to Larsen’s massive remaining holdings.

“Chris Larsen still holds 2.58B $XRP — that’s $8.83B,” he said. “If $200M was just the warm-up… what’s next?”