
David Schwartz, former CTO of Ripple, revealed that his cryptocurrency portfolio is now almost entirely composed of XRP and his equity stake in Ripple. He holds over 1 million XRP but has drastically reduced his Bitcoin and Ethereum holdings to less than 1 BTC and 2 ETH respectively, citing skepticism about their long-term price potential. This concentrated bet highlights his strong confidence in the XRP ecosystem he helped build, despite previously doubting ambitious XRP price predictions. His portfolio shift has sparked interest in the XRP community about his actual holdings and investment strategy.