Schwartz's XRP Holdings Plummet by 92% From Peak

Ripple's David Schwartz has revealed that his XRP holdings have declined by approximately 92% since their peak. At his peak, he estimated owning around 26 million XRP, but now holds roughly 2 million.

The decline in XRP holdings cannot be attributed solely to market sales, as transfers, spending, gifts or other transactions may also have contributed to the decrease.

Schwartz's decision to reduce his XRP position is consistent with his history of early cryptocurrency investments and sales. He has previously discussed selling some XRP at around $0.10 and Ethereum near $1, attributing these decisions to a preference for reducing financial risk.