Ripple’s Chris Larsen Cashes Out $764M in XRP, Pours $50M into Evernorth

The co-founder of Ripple, Chris Larsen, has made over $764 million in XRP profits since 2018

Written by: Olumide Adesina • Friday, October 24, 2025 • 1 min read

• Last updated: Friday, October 24, 2025

Quick overview

Chris Larsen, co-founder of Ripple, has realized over $764 million in profits from XRP since 2018.
He currently holds more than 2.5 billion XRP, valued at approximately $6 billion.
Larsen's significant gains are attributed to a 355 percent annual growth in XRP's price.
His investments and holdings establish him as a prominent figure in the cryptocurrency ecosystem.

The co-founder of Ripple, Chris Larsen, has made over $764 million in XRP profits since 2018. His holdings now total over 2.5 billion XRP, which is worth $6 billion at current prices. His cryptocurrency fortune increased significantly due to this surge, which coincided with XRP’s 355 percent annual growth.

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The $764 million in realized profits result from Larsen’s XRP transactions, which have generated substantial gains since early 2018. Across six main addresses, Larsen controls numerous wallets with a combined value exceeding 2.5 billion XRP. He invested $50 million in XRP through Evernorth.

Chris Larsen’s XRP profits since January 2018 are estimated at $764,209,610.42. 42 based on on-chain data analyzed by Maartunn, a community analyst at CryptoQuant. This amount reflects profits from his large holdings during XRP’s price rise, which CoinGecko currently shows at $ 2.4, marking a 355 percent year-over-year increase. These gains establish Larsen as a key figure in the cryptocurrency ecosystem and underscore his long-term commitment to Ripple’s native asset.

According to xrpscan data, which monitors the largest XRP balances, Chris Larsen holds over 2. 2.5 billion XRP across multiple wallets. Among the top 50 accounts are six wallets specifically named after Larsen, totaling 2,532,688,426 XRP worth approximately $ 6,053,125,338 at the current price of $ 2. 4

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ABOUT THE AUTHOR See More

Olumide Adesina

Financial Market Writer

Olumide Adesina is a French-born Nigerian financial writer. He tracks the financial markets with over 15 years of working experience in investment trading.