Chris Larsen's $140M XRP sale caused a significant 10% decrease in the asset's price. Ripple warns about the prevalence of scams in light of market volatility.
Chris Larsen's XRP Sale and Its Consequences
The price of XRP dropped by 10% following Chris Larsen's sale of $140 million XRP between July 17 and 25, 2025. This activity coincided with an increase in scam alerts, raising community concerns regarding the market stability of XRP.
Liquidations and Emerging Risks
Larsen's sale resulted in the liquidation of over $89 million in leveraged XRP. The situation, marked by significant sell-offs on major exchanges, prompted investors to exercise caution and raised questions about potential market manipulation.
XRP's Historical Volatility
Historical data indicates that similar sell-offs have often led to substantial short-term volatility for XRP. Experts predict a possible price recovery due to upcoming regulatory support, although manipulation risks persist.
By selling XRP worth $140 million, Chris Larsen triggered a price drop and raised concerns about scams. The future of XRP may depend on new regulations and internal efforts to combat manipulation.
