Ripple CTO Emeritus Reveals His XRP Holdings: “2 Million Now”
TL;DR
- David Schwartz says he now holds about 2 million XRP, down from a peak of roughly 26 million.
- The Ripple CTO emeritus did not explain whether the reduction came entirely from sales, leaving room for transfers, gifts or other transactions.
- His history of selling XRP and 40,000 ETH early shows a long-standing focus on managing risk, rather than maximizing speculative gains.
Ripple CTO emeritus David Schwartz has offered a fresh look at his personal XRP holdings, saying he now owns about 2 million tokens.
Schwartz responded on X after a user asked whether he had sold all of his XRP. He rejected that implication, explaining that his holdings have fallen from a peak of roughly 26 million XRP to about 2 million now. Because he used the phrase “I think,” the figure should be treated as an approximate estimate rather than a precise wallet balance.
The change represents a reduction of about 92% from his reported peak. However, Schwartz did not provide a transaction-by-transaction explanation for the decline. That leaves several possibilities, including sales, transfers, gifts or spending, rather than assuming that every token was sold into the market.
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