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Altcoins & DeFi

Ripple Insider Sold 2.5M XRP, But Still Thinks Its Price Could Flip Bitcoin

Image: Cryptonews

David Schwartz sold 2.5 million XRP in 2025, but the Ripple veteran isn’t giving up on the coin at this price. The former CTO recently revealed a $1.7 million capital gains tax bill while defending himself against accusations of dumping. His latest comments also revived an ambitious XRP Price debate about whether the token could eventually overtake Bitcoin. Schwartz confirmed the sale after critics questioned his commitment to XRP. He said nearly all the tokens came from bonuses received for his work in 2020 and 2023. Rather than quietly dismissing the accusations, he shared evidence of the taxes paid on those transactions. But selling millions of tokens hasn’t stopped Schwartz from entertaining an even stronger possibility.

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