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Ripple's Former CTO Has Sold the Vast Majority of His Crypto Assets, with BTC Holdings Falling from 1500 to 1

2026-11-11 12:52

According to ShenChao TechFlow on November 11, as reported by Cointelegraph, Ripple's former Chief Technology Officer David Schwartz said that due to his low personal risk tolerance, he has sold the vast majority of the cryptocurrencies he held.

Schwartz disclosed that his crypto asset holdings had fallen from about 26 million XRP, 1500 BTC, and 40,000 ETH previously to about 3 million XRP, 1 BTC, and 6 ETH currently.

Of these, XRP holdings decreased by about 88.5%, while BTC and ETH holdings both decreased by more than 99%.

Source: ShenChao TechFlow