David Schwartz, XRP co-creator and former Ripple CTO, said on X that he had not bought XRP in a “long time” and had sold nearly all the digital assets he had ever held. He sold around 2.5 million XRP in 2025 and paid $1.7 million in capital gains tax. The XRP had been acquired in 2020 and 2023, when the token reached highs of $0.60 and $0.80, before surging to $3.65 in 2025. Schwartz said he prepares sales at least 30 days in advance with an attorney to avoid appearing to trade based on reports of XRP Ledger bugs. According to Nasdaq Private Market, Ripple shares are worth almost $94, down 22% over the past year but up 237% over the past two years.
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