According to blockchain tracking reports, the former executive sold approximately $764 million worth of XRP over a seven-year period, steadily liquidating holdings through a series of programmed transactions.
The disclosure reignites a long-running debate within the XRP community over the impact of insider token sales on price performance and market perception.
While the co-founder’s transactions were legal and publicly visible on the blockchain, many holders argue that consistent selling pressure from insiders has been one of the key factors limiting XRP’s upside compared to other major cryptocurrencies.
Structured Selling, Significant Volume
On-chain analysts noted that the sales were executed gradually to avoid sharp market shocks. Instead of large sudden dumps, the co-founder used an automated liquidation schedule, selling small batches of XRP over time. From a regulatory perspective, this strategy is common among early-stage token founders who receive large allocations at launch.
Even so, the cumulative total has raised eyebrows. Despite XRP’s volatility and lengthy legal battle with the U.S. Securities and Exchange Commission (SEC), the co-founder’s steady sales ultimately amounted to hundreds of millions of dollars in realized value.
Community Frustration Persists
XRP remains one of the most discussed assets in the industry, celebrated for its fast settlement capability and its partnerships with banking and fintech companies.
However, frustration among long-term supporters is easy to find. Many believe that recurring insider sales — combined with Ripple’s own programmed escrow releases — have dampened price performance during multiple bull cycles.
This sentiment intensified following the SEC’s lawsuit against Ripple Labs, which dragged on for years before XRP won a partial legal victory in 2023. Although the asset remains a top-10 cryptocurrency by market capitalization, critics say its growth has lagged behind due to structural selling and legal uncertainty.
Source: https://coinpaper.com/11868/ripple-co-founder-sold-764-million-worth-of-xrp-over-seven-years
