David Schwartz, Ripple’s former chief technology officer and XRP Ledger co-creator, said he gradually reduced his holdings of XRP, Bitcoin, and Ethereum over the years. His positions fell from approximately 26 million XRP to 3 million, from 1,500 BTC to just 1 BTC, and from 40,000 ETH to 6 ETH. He attributed the sales to a personal risk-management strategy involving the sale of portions of his holdings whenever prices reached new highs. He sold approximately 2.5 million XRP in 2025, generating about $1.7 million in capital gains taxes. On November 11, XRP traded around $1.06, but the historical sales do not necessarily signal bearish sentiment, and its future performance will mainly depend on demand, liquidity, network adoption, and broader market conditions.
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