The Curious Case of Chris Larsen: $120M XRP Shuffle & a Billion-Dollar Ecosystem

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In a move that would make even the most dedicated spreadsheet wizard tilt their head in confused admiration, Ripple’s crypto-kingpin, Chris Larsen, has turned a hefty chunk of XRP into enough profit to buy a small island or at least a decent yacht-$764 million, to be exact. Apparently, Larsen’s trading strategy resembles a particularly demanding game of “Peekaboo,” always popping out at the peak and vanishing just before the market takes a breath.

His latest magic trick? Transferring a cool $120 million worth of XRP. And no, this isn’t your garden-variety “let’s move some tokens” thing-it’s more like a high-stakes game of digital chess, with a few dollars riding on each move, and spectators nervously clutching their digital pearls.

Larsen’s $764 Million Jackpot (and Counting)

According to the all-knowing oracle of on-chain data, CryptoQuant’s Maartunn, Larsen’s profit from XRP remained shy of $200 million until the mythical early 2025, when XRP decided to party like it’s 1999. Then, with the grace of a liquidity acrobat, his profits soared past $764 million, thanks in no small part to Ripple’s smashing courtroom victory against the SEC. Yes, Hollywood could not script this kind of drama.

What makes him more interesting than a turkey at Christmas is his uncanny knack for selling near the top. Apparently, Larsen’s sell-high, buy-low skills are so refined that they have been influencing whale behavior and causing market liquidity to do the cha-cha-cha without officially joining a dance class.

Chris Larsen, that rogue of XRP, has pocketed an impressive $764,209,610.42 (!!) since January 2018. Yes, you read that right-over three-quarters of a billion, just for playing the long game with a third of his tokens. And the recent sale? Oh, just a little something tied to EvernorthXRP, which is basically Ripple’s way of saying, “We like big wallets and we cannot lie.”

This isn’t a one-hit-wonder. Larsen’s been cashing out like a vending machine on a sugar high, always near local highs. History and a touch of greed – a perfect duo.

– Maartunn (@JA_Maartun) October 23, 2025

Earlier this week, our hero transferred 50 million XRP, or roughly $120 million, causing traders to gasp as if they’d just seen a unicorn doing the moonwalk. Naturally, the market wobbled, clutching its digital chest in mock distress. But, as it turns out, Larsen’s move was more “strategic ballet” than “panic sell,” linked to Ripple’s grand plan to spend a billion bucks supporting XRP and making it the cool kid on the institutional block.


And what about Larsen himself? Still wielding approximately 2.5 billion XRP, he’s a heavyweight in the crypto playground-kind of like the guy who still refuses to give up his childhood baseball glove, no matter how much inflation eats away at memories. His recent activity? A pragmatic dance of profits and support, with a dash of “I believe in this ecosystem, but I also believe in my bank account.”

More than 93% of XRP’s supply is in the green, which means many investors are locking in gains faster than you can say “bull run,” all while Larsen continues to wave the XRP flag high amid the digital chaos.

The Evernorth Effect: Making XRP the Monopoly of Digital Currencies

Evernorth Holdings, backed by Ripple, SBI, Pantera, Kraken, and GSR-basically the Avengers of crypto finance-aims to raise $1 billion for the biggest XRP treasury ever. It’s big, bold, and might even be enough to convince any skeptics that XRP is serious business.

Chris Larsen’s capital gestures and his transfer of tokens to Evernorth? A clear vote of confidence in turning XRP into the “big league” of digital assets. As of now, XRP is strutting around at $2.41, up by 1%, with a market cap grazing $144 billion-because even cryptocurrencies like a bit of glitz and glam.

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2025-10-23 14:26