David Schwartz, Ripple’s former chief technology officer and a designer of the XRP Ledger, says he holds about 3 million XRP, down from a peak of 26 million. His Bitcoin holdings fell from roughly 1,500 to just one unit, while his Ethereum holdings declined from about 40,000 to 6 ether. The former executive attributes the sales to his aversion to risk and to a rule agreed with his wife to sell tokens whenever they reached a new price record. He still owns Ripple shares, which he considers riskier than he would like, while his remaining 3 million XRP were worth about $3.2 million at a price of $1.05.
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