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Schwartz's 92% XRP Holdings Drop Sparks Questions on Ripple's Cryptocurrency

Guavy AI Editorial Team
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Ripple's former Chief Technology Officer (CTO), David Schwartz, has revealed that his XRP holdings have significantly decreased over time. According to him, he held about 26 million XRP at its peak but currently holds around 2 million, representing a drop of approximately 92%. The reason behind this reduction is not specified.

Schwarz's decision comes as part of his history of discussing early crypto investments and sales, showcasing his cautious approach to risk. He has previously expressed regrets over selling cryptocurrencies like Ethereum and XRP at certain times.

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