Chris Larsen’s XRP Holdings is currently making headlines after a massive $175 million transfer was detected during the recent price surge for XRP. Ripple’s co-founders still control about approximately 2.6 billion XRP tokens, more than $8 billion, accounting for around 4.39% of the total supply.
The XRP priced at $3.66, rekindling some concentration concerns around $3.14 after falling to the current Ripple XRP price level. Even with all this volatility, The XRP price forecast model maintains bullish targets at $6.00 based on technical breakout patterns.
XRP Rich List Shock: Chris Larsen Sale Triggers Price Surge Reversal
Blockchain Data has actually released systematic sales from Chris Larsen XRP Wallets throughout 2025. Since January, Larsen has transported more than $167 million in XRP worth $344 million to the exchange, with the recent $175 million move at XRP’s strongest rally.
Despite all sales, technical breakout confirmed
XRP completed six years of symmetrical triangle breakout with massive 158 million volume spikesdespite the distribution of Chris Larsen XRP, it confirmed bullish momentum. Actual breakout Project Fibonacci targets nearly $6.00, representing a potential double from current levels.
Analyst Ali Martinez said:
“If your XRP exceeds $3, you could kick off the rally to under $6.”
Regulatory momentum supports the growth of the XRP Rich List
The surge in XRP prices was now consistent with positive regulatory developments. US lawmakers have advanced acts of genius and clarity, and ProShares has launched its first XRP futures ETF. These developments support long-term XRP price forecasting models despite short-term Chris Larsen XRP sales pressures.
Market impact analysis
The current price adjustment for the Ripple XRP represents a price adjustment of $3.66 to $3.14, representing normal pullback behavior after a triangle breakout. Technical analysis suggests that XRP remains in Elliott Wave 3. This is the strongest bullish stage in history, supporting an optimistic XRP price forecast scenario.
The concentration of XRP rich lists among early stakeholders creates both risk and opportunity. The sale of Chris Larsen XRP adds supply pressure, but whale accumulation data shows that the facility’s buyers that support future price stability are absorbing the token.
Future outlook now
Current support from $3.10 to $3.15 remains important to maintain the breakout structure. A sustained hold above these levels could actually trigger a move towards a $6.00 goal, but a failure below $3.00 could result in a retracement of between $2.75 and $2.85.
Changes to the XRP rich list continue to occur as the first player is spread out to other markets. 99.92% of the total global group holds 0 XRP. This means that in the long run, despite the volatility of XRP currently being exploited by whales, affecting current XRP price levels, the possibility of adopting XRP remains extremely large in the long run.
