The striker came up to the barrier at the South Bank to take the brunt of the anger from fans, before team-mates and head coach Vitor Pereira followed him in some ugly scenes at Molineux.
Larsen, who scored a penalty in the 3-2 defeat to the Clarets, is sympathetic to the fans' feelings and was sorry for the loss.
He said: “I’ve been in this situation before. I know how it feels for supporters and I know how it feels for players.
“Sometimes, you just have to go and listen. It’s hard to say anything because you don’t want to make it worse.
“So I think this was about allowing them to speak and us listening.
“These supporters are the ones who drive us forward. They are always there for us, always have been and I can understand their frustration right now.