
Ripple Co-Founder Keeps ‘Cashing Out’ at the Highs: Will It Hurt XRP Price?
Why It Matters
The activity underscores a potential supply overhang and reputational risk for Ripple as traders weigh insider exits amid ongoing regulatory scrutiny.
Summary
Ripple co‑founder and former CEO Chris Larsen has been selling XRP holdings intermittently since 2018, realizing millions in profits that coincide with recent price recoveries. Those regular cash‑outs, disclosed through on‑chain tracking and wallet analyses, raise concerns that concentrated selling from insiders could dampen rallies or increase volatility in XRP markets. The activity underscores a potential supply overhang and reputational risk for Ripple as traders weigh insider exits amid ongoing regulatory scrutiny.
Ripple co-founder keeps ‘cashing out’ at the highs: Will it hurt XRP price?
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