Ripple’s David Schwartz says he sold most of his Bitcoin, XRP, Ethereum

Ripple CTO Emeritus David Schwartz has revealed that he reduced his cryptocurrency holdings from approximately 26 million XRP, 1,500 Bitcoin and 40,000 Ethereum to a fraction of those amounts, drawing criticism from XRP holders already frustrated with the token's falling price. Ripple CTO Emeritus David Schwartz says his XRP holdings fell from approximately 26 million to 3 million. Schwartz disclosed selling 2.5 million XRP in 2025 and paying around $1.7 million in capital gains tax. His Bitcoin holdings reportedly fell from 1,500 BTC to one BTC, while Ethereum holdings reached six ETH. Schwartz says he arranges XRP sales through written plans agreed with an attorney at least 30 days beforehand. Some XRP investors criticized his sales as the cryptocurrency traded near $1.06 amid continued selling pressure.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to crypto.news.