Chris Larsen’s XRP Moves Spark Controversy and Sell-Off Fears

Chris Larsen transferred 50 million XRP, valued at approximately $175 million, to multiple addresses, triggering community criticism on July 17, 2025.

Chris Larsen’s substantial XRP transfer adds to ripple-centric controversies and highlights the market’s response to insider sales.

Larsen’s XRP transfer executed a significant transfer of 50 million XRP. The move valued at roughly $175 million involved funds sent to four addresses, with $140 million directed to exchanges, amplifying market concerns.

ZachXBT, a noted on-chain investigator, criticized the transfers, branding XRP investors as “exit liquidity for insiders.” His remarks, shared on social media, reignite discussions about XRP’s structural integrity and the role of executive participants.

Larsen’s actions led to XRP’s price dipping approximately 9% within 24 hours, decreasing from near all-time highs of $3.65 to $3.16. Such moves raise questions about Ripple’s transparency and its executives’ market impact.

Despite the significant XRP sale risks, regulatory bodies have yet to issue statements on Ripple’s executive activities. This incident underscores growing concerns over centralized token management and investor trust.

Recurring allegations of insider selling have historically destabilized XRP’s market perception, yet it recovers after initial setbacks. Broader debates revolve around governance and Ripple’s influence on its ecosystem.