XRP’s confidence problem — Why did David Schwartz sell if whales are buying?

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David Schwartz, co-creator of the XRP Ledger, said on November 11 that his holdings had fallen from roughly 26 million to about 3 million XRP, a 92% reduction driven by his low tolerance for risk. Meanwhile, whales accumulated 65.32 million XRP over four days, bringing their holdings to 4 billion tokens, while the number of wallets holding at least 1 million XRP reached a 2026 high. XRP’s market capitalization fell from $81 billion on November 3 to $61 billion on November 10 before recovering slightly to $67.22 billion, while its Sharpe-like ratio on Binance approached -0.32. After losing the $1.15 support level, XRP traded near $1.05, with a relative strength index of 32 and a next demand zone between $1.00 and $1.03.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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