Former Ripple CTO David Schwartz Makes a Confession About XRP! He Revealed How Much XRP He Still Has Left!

cryptonews.ruPublicado a 2026-08-18Actualizado a 2026-08-18

Resumen

David Schwartz, the former Chief Technology Officer of Ripple and a prominent figure in the $XRP ecosystem, has made a notable disclosure regarding his personal $XRP holdings. In a statement on platform X, Schwartz revealed that he once owned approximately 26 million $XRP tokens, but that amount has since decreased to about 2 million $XRP. This represents a reduction of roughly 24 million tokens, or about 92% of his peak holdings. Schwartz explained that he has gradually reduced his position over time, citing risk management as a significant factor in these decisions. He previously stated a preference to scale down his holdings as the price of $XRP increased, expressing that holding large amounts of cryptocurrency posed a significant risk to him personally. The disclosure came in response to a user inquiry about the size of his personal $XRP reserves. It is important to note that there are no specific details available regarding the timing or the prices at which he sold the tokens, indicating this reflects a general change over a period rather than a specific sale transaction.

David Schwartz, former CTO of Ripple and a prominent figure in the $XRP ledger, made a notable statement regarding his personal $XRP holdings.

According to David Schwartz, in a message on the X platform, he stated that he once owned approximately 26 million $XRP, but that number has dwindled over time to about 2 million $XRP.

A Decline of 24 Million $XRP!

Schwartz's statement came in response to a user's question about the size of his personal $XRP holdings. The former Ripple executive stated that at their peak, his $XRP holdings reached roughly 26 million tokens, and today he holds about 2 million $XRP.

These figures mean Schwartz has reduced his $XRP position by approximately 92 percent.

Schwartz has previously stated that he has been gradually reducing his $XRP holdings and that risk management played a significant role in these decisions.

In his previous statements in 2026, he said he preferred to reduce his position as the price of $XRP rose, arguing that holding large amounts of cryptocurrency represented significant risk for him and that he does not like to take risks.

However, there is no detailed information about when or at what price Schwartz reduced his holdings from 26 million $XRP to the current 2 million $XRP. Therefore, the statement reflects the overall change in his personal $XRP holdings over a period of time, rather than a specific sale transaction.

*This is not investment advice.

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Preguntas relacionadas

QWho is David Schwartz and what is his connection to XRP?

ADavid Schwartz is the former Chief Technology Officer of Ripple and a prominent figure associated with the XRP Ledger.

QWhat did David Schwartz reveal about his personal XRP holdings?

AHe stated that he once held approximately 26 million XRP tokens, but that amount has decreased over time to about 2 million XRP.

QWhat was the primary reason David Schwartz gave for reducing his XRP holdings?

AHe cited risk management as a significant factor, preferring to reduce his position as the price of XRP increased and noting that holding large amounts of cryptocurrency represented a significant risk for him.

QBy what percentage has David Schwartz reduced his XRP holdings?

AHe has reduced his XRP holdings by approximately 92 percent.

QDoes the article provide specific details on when or at what price he sold his XRP?

ANo, the article states there is no detailed information about when or at what price he reduced his holdings from 26 million to 2 million XRP. The statement reflects a general change over a period, not a specific sale.

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