Ripple Chairman Chris Larsen has sold XRP tokens worth approximately $116 million in 2025 alone. The sales come as XRP's value has been rising after years of bearish pressure. Larsen's wallet has been sending XRP tokens to two addresses, one of which belongs to Coinbase. The first transaction occurred on January 6, with 10 million XRP transferred to Coinbase, while the second transaction on January 16 involved the movement of 20 million XRP to an unknown address. Larsen has sold off a total of 90 million XRP since September 2024, and currently holds 410 million XRP across his six wallets.
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