Former Ripple CTO David Schwartz Makes a Confession About XRP! He Revealed How Much XRP He Still Has Left!
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.
cryptonews.ru08/18 16:56