XRP Market Reacts to Chris Larsen’s $200M Token Sale Amid Volatility
Ripple co-founder Chris Larsen has sold approximately $200 million worth of XRP tokens over the past 10 days, according to CryptoQuant analyst J.A. Maartun. The sales occurred during a period of heightened volatility in XRP's price, raising concerns among traders about potential insider selling pressure. Despite these sales, Larsen still holds a significant portion of XRP, with roughly 2.8 billion tokens remaining from the 2012 pre-mine, where Ripple's founders collectively received 20% of the total supply. This move has sparked discussions within the cryptocurrency community about the implications for XRP's future price trajectory and market stability. As of July 2025, the market continues to monitor these developments closely, with many investors weighing the long-term potential of XRP against short-term fluctuations.
Ripple Co-Founder Chris Larsen Sells $200M in XRP Amid Market Volatility
Ripple co-founder Chris Larsen has offloaded approximately $200 million worth of XRP tokens over the past 10 days, according to CryptoQuant analyst J.A. Maartun. The sales, which coincide with heightened volatility in XRP's price, have sparked concerns among traders about insider selling pressure. Larsen still holds roughly 2.8 billion XRP tokens from the 2012 pre-mine, where Ripple's founders collectively received 20% of the total supply.
XRP recently saw its sharpest daily decline since April, briefly falling below $3 before recovering slightly. The sell-off has divided investor sentiment, with some viewing the dip as a buying opportunity and others interpreting Larsen's MOVE as a bearish signal. Market activity on the XRP Ledger remains high, adding complexity to the token's near-term trajectory.
Analyst Predicts 'Biblical Move' for XRP as Technical Patterns Echo 2017 Bull Run
Crypto analyst JD has issued a striking forecast for XRP, drawing parallels between current technical formations and the setup preceding its 28x rally in 2017. A confirmed breakout from a multi-year symmetrical triangle pattern—coupled with bullish crossovers on both RSI (71.93) and MACD indicators—suggests an impending price explosion. "This is the same structure that birthed XRP's historic rally," JD noted, dismissing short-term pullbacks as noise.
The analysis highlights rare confluence: the RSI has breached key resistance while MACD shows a baseline crossover, a combination last seen before XRP's parabolic 2017 advance. Market watchers now speculate whether the sixth-largest cryptocurrency could replicate such gains, though JD cautions the move may culminate in a violent correction afterward.
Nature’s Miracle Adopts XRP for Treasury Strategy in $20 Million Move
Nature’s Miracle Holding Inc., a publicly traded agricultural technology firm, has announced a corporate treasury program dedicated to Ripple’s XRP. The initiative, valued at up to $20 million, marks one of the first instances of a public company adopting the cryptocurrency as a long-term reserve asset.
Proceeds from equity financing via GHS Investments will fund the XRP purchases, with a portion allocated to capital needs. The company plans to leverage staking mechanisms to generate yield and actively participate in the Ripple ecosystem. This strategic move aligns with growing institutional interest in digital assets as treasury instruments.
The decision follows the SEC’s declaration of effectiveness for the company’s FORM S-1 registration statement. Nature’s Miracle intends to further bolster adoption through equity issuance, strategic placements, and structured financing instruments.
XRP Faces Critical Test at $3.10 Amid Whale Activity and Network Decline
Ripple's XRP is at a crossroads as conflicting signals emerge from its blockchain. Whale wallets accumulated 280 million tokens in ten days, signaling long-term confidence, while a separate 16.8 million XRP transfer to Coinbase raised liquidation fears. The cryptocurrency now hovers precariously above $3.10 support after a 10.3% daily drop.
Technical indicators paint a bearish picture. The MACD's recent crossover suggests weakening momentum, with $2.63 looming as the next downside target should $3.10 fail. Market structure reflects indecision—what was once resistance must now become support to prevent further deterioration.
Network activity tells another story. Despite whale accumulation, on-chain metrics show declining usage, creating tension between institutional interest and organic adoption. The coming days will reveal whether this is a healthy consolidation or the prelude to deeper losses.
