Crypto Expert Shuts Down FUD: Ripple Co-Founder Chris Larsen’s XRP Sell-Off Is Nothing to Fear

Market panics over co-founder moves? Please. Here’s why Larsen’s XRP transactions are just noise in a decentralized ecosystem.

The ‘Dump’ Drama Unpacked

Another day, another ‘crypto insider selling’ narrative. This time it’s Ripple’s Chris Larsen moving XRP—cue the predictable hand-wringing from traders who think founders should HODL like retail bagholders.

Liquidity ≠ Abandonment

Blockchain doesn’t sleep, and neither do smart money moves. Strategic sales fuel development—not every transaction is a ‘betrayal’ (unless you’re still salty about your 2018 entry point).

The Bottom Line

XRP’s utility outlasts any single wallet activity. But sure—keep overanalyzing billionaire crypto wallets while traditional finance quietly rehypothecates your 401(k).

A known XRP analyst has dismissed panic over Ripple Founder, Chris Larsen’s recent $175 million XRP transfers.

He said that past insider sales, including Jed McCaleb’s in 2020, did not affect the token’s long-term strength or growth.

Ripple Founder’s XRP Transfers Stir Fresh Market Talk

Ripple co-founder Chris Larsen moved 50 million XRP between July 17 and July 24. The value of the transfers came in at about $175 million.

The data showed that approximately $140 million was likely sent to centralized exchanges. This sparked concern among traders, with many fearing a significant price drop.

The MOVE came as XRP traded around $3.25. Soon after, the price dropped closer to $3.

Some users worried this large-scale sale could hurt investor trust or slow down XRP’s momentum.

Larsen’s actions reminded many of a similar case in 2020. At the time, Jed McCaleb, another Ripple co-founder, sold 266 million XRP.

It was worth $148 million at the time. If McCaleb had kept it, the same amount WOULD be worth close to $940 million now.

An XRP analyst pointed to this example to calm fears. He noted that McCaleb’s large sale did not stop xrp price from gaining in the long run.

This, he said, shows that the coin’s growth does not depend on what insiders do. This is based on historical precedent around the coin.

Some in the XRP community believe these large transfers are part of planned exits by early investors.

They argue that as long as the coin remains in use for payments, short-term sales should not cause concern.

Insider Activity Follows Past Patterns

It is important to add that Larsen’s recent move is not the first of its kind. Earlier this year, in January 2025, he shifted over $344 million worth of XRP.

According to reports, more transfers came in July, including $8 million sent to Coinbase on July 15 and 16.

These patterns are not new. In past bull runs, insider activity often matched periods when the XRP price was near its peak.

Similarly, data from 2017 to 2018 showed similar wallet movements by Ripple-linked accounts.

In addition, some analysts suggest that these transfers may be normal moves by early holders.

They point out that as long as the coin is being used and traded, individual sales are unlikely to damage its position in the market.

This view is shared by many long-term supporters, who argue that XRP’s use in cross-border payments is the key reason for its staying power.

Whale Buys and Chart Signals Show Support for XRP Price

While Larsen’s sales raised concerns, other signals pointed to buying interest. In the same week, whale accounts bought over 130 million XRP.

These wallets, holding between 10 and 100 million coins, increased their balances while the XRP price dropped.

Leading crypto analyst Ali Charts shared the data, showing strong support near the $3.00 level.

The buying also followed news of a new $20 million XRP treasury program from Nature’s Miracle, aimed at helping adoption.

Chart expert CasiTrades also shared a bullish view. The analyst said XRP had pulled back to a key Fibonacci level NEAR 0.854.

This level has often acted as a support point in past cycles. If the support holds, the next move could take XRP price near $3.82.

This target aligns with the token’s past high and is considered a potential breakout level.

While big XRP transfers by Ripple founders may create short-term fear, past trends suggest the coin can recover.

Traders continue to watch support levels and whale movements for signs of where XRP may head next.