Ripple co-founder keeps ‘cashing out’ at the highs: Will it hurt XRP price?

Ripple co-founder and former CEO Chris Larsen has amassed millions in realized profits from XRP since 2018, potentially putting the price recovery at risk.

Key takeaways:

Ripple co-founder Chris Larsen has realized $764,209,610 in profit from XRP sales since 2018.

XRP must reclaim the 200-day SMA at $2.60 to end a downtrend.

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