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 substantial amount of Ripple stock but acknowledges it carries more risk than he prefers. His sales reflect broader market frustration as XRP's price has dropped 25% in the past month, trading at $1.06 as of November 11, 2026.
XRP is trading at Rp19,086 on Pluang as of Nov 11, 2026 17:21 WIB, down 2.22% in the last day, contrasting with Bitcoin's higher price of Rp1,333,840,408 and a smaller 0.94% decline. Ethereum's price is Rp37,138,374 with a 2.16% drop, showing a similar downward trend but less severe than XRP's recent 25% monthly fall noted in the news. XRP's market cap stands at Rp1,218.97 trillion, much smaller than Bitcoin's Rp26,923.56 trillion, highlighting the scale difference between these assets on Pluang.
Ripple manages XRP supply through an escrow system that releases up to one billion XRP tokens each month. In November, Ripple released one billion XRP but returned 700 million, leaving 300 million XRP outside escrow. This process helps protect XRP's ...
Investor Lark Davis highlighted that Ripple USD (RLUSD), a stablecoin available on multiple blockchains including Ethereum, may not significantly increase institutional demand for XRP. Since RLUSD transactions on Ethereum don't require XRP, instituti...
XRP's price dropped 30% from $1.52 to around $1.06 between early October and mid-November 2026, driven by broader market pressure and significant outflows from US spot ETFs. Despite the price decline, leveraged traders continue to hold long positions...
David Schwartz, former CTO of Ripple, has drastically reduced his cryptocurrency holdings, cutting his XRP from about 26 million to 3 million tokens, a drop of over 88%. He also sold nearly all his Bitcoin and Ethereum, reducing from 1,500 BTC to 1 B...
On November 9, Binance's XRP cumulative volume delta (CVD) showed a negative 4.33 million XRP, indicating that sellers dominated market-initiated trades during this period. This suggests more sell-initiated volume than buy-initiated volume on the exc...
