David Schwartz, former CTO of Ripple, disclosed he reduced his XRP holdings by about 88%, from 26 million to 3 million tokens, and cut his Bitcoin from around 1,500 BTC to just one. He also drastically lowered his Ethereum holdings. Schwartz explained this was part of a risk management strategy, selling portions during price highs rather than holding maximum exposure. Despite selling most of his crypto, he still owns Ripple shares, highlighting a distinction between company equity and cryptocurrency tokens. This move reflects cautious profit-taking rather than a lack of confidence in XRP technology.
XRP is trading at Rp19.037 on Pluang, down 2.53% in the last day, with a market cap of Rp1.219,47 trillion. The platform shows a balanced order activity with 44% selling and 56% buying as of Nov 11, 2026 19:31 WIB.
David Schwartz, Ripple's CTO Emeritus, responded to a community query stating there are no undisclosed plans from Ripple's leadership. He also addressed questions about potential rewards for longtime XRP holders. Schwartz, who helped design the XRP L...
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David Schwartz, former CTO of Ripple, has sold about 90% of his XRP holdings, reducing from 26 million to 3 million tokens due to decreased risk tolerance. He also cut his Bitcoin and Ethereum holdings significantly. Despite this, he still holds a su...
