Key takeaways:
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Ripple co-founder Chris Larsen has realized $764,209,610 in profit from XRP sales since 2018.
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XRP must reclaim the 200-day SMA at $2.60 to end the downtrend.
XRP (XRP) was at risk of further losses as Ripple co-founder Chris Larsen continued to realize profits from his XRP stash.
In a post on X, J. A. Maartunn, an analyst at the onchain analytics platform CryptoQuant, told XRP holders that Larsen has a “habit of cashing out near local highs.”
Chris Larsen’s XRP realized…
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