Ex-Ripple CTO says he once held 26M XRP; cofounder sold BTC
Schwartz reveals he once held 26M XRP. Price hovers near $1.40 with mixed signals.
Former Ripple CTO David Schwartz said he “once had 26 million XRP,” and that his current stack is “not a lot” but still above 1 million. Source: his post on X and coverage by TheCryptoBasic tweet.
He added a recollection about co-founder Arthur Britto selling Bitcoin to cover expenses while holding most or all of his XRP. This note came in a broader thread on risk tolerance. Source: the same X conversation tweet.
XRP traded around $1.40 at press time, up ~0.4% over 24 hours, with a tight range at $1.39–$1.42 in recent sessions. Chart reference: TradingView XRPUSD.
Key levels watched:
- Support near $1.38
- Resistance at $1.43–$1.45
- Lower retest zone flagged near $1.30
Chart reference: TradingView.
Near-term setup from market chatter:
- Bull case: break above $1.45 on volume, pathway toward $1.55
- Base case: hold inside $1.35–$1.44, further consolidation
- Bear case: slip under $1.38, retest lower levels around $1.30
Context: ongoing technical range per recent sessions TradingView.
Ripple’s expansion and dealmaking drew attention through 2025, keeping insider behavior in focus. Background: Coinspeaker coverage of acquisitions.
