Ripple Co-Founder’s $200M XRP Sale Raises Eyebrows. Here’s What’s Happening

Key Points

1. Ripple co-founder Chris Larsen sold approximately $200 million worth of XRP within ten days, raising concerns among market observers.

2. Market watcher Maartunn suggested that large sales by early investors like Larsen could negatively impact XRP's price, acting as 'exit liquidity' for these investors.

3. Some XRP advocates argue that releasing large amounts of XRP into the market benefits new investors by making the asset more affordable.

4. Despite the concerns, XRP's recent market performance remains strong, with some noting it reached a new all-time high.

5. The debate highlights differing perspectives on whether large sales by early investors signal a loss of faith or are part of normal market dynamics.