Ripple CTO Emeritus David Schwartz has disclosed the extent of his reduction in cryptocurrency holdings, revealing that his XRP balance has fallen from approximately 26 million tokens to just 3 million.
His disclosure also covered substantial reductions in his Bitcoin and Ethereum holdings, providing further insight into his personal approach to cryptocurrency investments.
The remarks came as LinkTOAD General shared a screenshot of Schwartz discussing his decision to sell nearly all the digital assets he had previously owned, while maintaining a considerable position in Ripple stock.
Schwartz Reveals His Reduced XRP Holdings
In a statement on X, Schwartz addressed the changes in his cryptocurrency portfolio, explaining that his XRP holdings had declined considerably from their previous peak.
“I’m down from a high of around 26 million XRP to around 3 million XRP,” he revealed.
It's not a secret. I think I'm down from a high of around 26 million XRP to around 3 million XRP. Down from around 1,500 BTC to 1 BTC. Down from around 40,000 ETH to 6 ETH.https://t.co/EnFjk9aXu1
— David 'JoelKatz' Schwartz (@JoelKatz) November 10, 2026
He also disclosed that his Bitcoin holdings had dropped from approximately 1,500 BTC to just 1 BTC. His Ethereum position experienced a similar reduction, falling from around 40,000 ETH to approximately 6 ETH.
These figures represent substantial changes in his exposure to the three digital assets. At XRP’s current price of $1.05, his remaining 3 million XRP would be worth approximately $3.15 million. However, this represents the value of his current holdings, not the amount he received from reducing his position.
Schwartz’s disclosure provides a clearer picture of how significantly he has reduced his exposure to cryptocurrencies over time.
Schwartz Explains His Approach To Risk
The disclosure also follows another exchange in which Schwartz addressed his personal investment decisions.
Responding to an X user named Ricky, who asked whether he continued buying XRP or simply maintained his existing holdings, Schwartz explained that he had not purchased XRP in a long time.
He added that he felt very uncomfortable with investment risk and had sold nearly all the digital assets he had ever held. However, he confirmed that he still maintained a considerable position in Ripple stock, describing that exposure as more risk than he would ideally prefer.
His comments indicate that his decision to reduce cryptocurrency holdings reflects his personal risk tolerance rather than an explicit announcement about XRP’s future prospects.
LinkTOAD General Questions XRP Ledger Adoption
Following Schwartz’s disclosure about his reduced holdings, LinkTOAD General responded by expressing agreement with his decision.
The X user noted that investors should evaluate a business beyond its market price and examine whether adoption supports its long-term growth. He also claimed that the XRP Ledger had fallen behind in adoption, using that assessment to explain why he did not blame Schwartz for reducing his cryptocurrency exposure.
However, LinkTOAD General’s assessment represents his own interpretation of the XRP Ledger’s development, rather than a conclusion established by Schwartz’s comments.
Schwartz’s disclosure ultimately confirms that he has significantly reduced his XRP, Bitcoin, and Ethereum holdings while retaining substantial Ripple stock exposure.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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