XRP holders have reasons to reconsider how they interpret the cryptocurrency’s long-term prospects after Ripple’s former CTO, David Schwartz, disclosed that he has sold most of his digital asset holdings.
His XRP balance fell from approximately 26 million tokens to just 3 million, while his Bitcoin and Ethereum holdings also declined significantly.
Crypto content creator Zach Humphries addressed the disclosure in a recent video on X, explaining why investors should consider Schwartz’s personal financial circumstances before drawing conclusions about XRP.
🚨 $XRP HOLDERS ARE PISSED OFF RIGHT NOW!
🚨 THIS NEED TO BE DISCUSSED AND UNDERSTOOD BECAUSE THE ENTIRE XRM ARMY IS SEARCHING FOR ANSWERS AFTER THIS BEARISH NEWS CAME OUT! pic.twitter.com/vuT9BRtc5E
— Zach Humphries (@ZachHumphries) November 11, 2026
David Schwartz Reduced His XRP Holdings To 3 Million
Schwartz revealed that his XRP holdings have dropped from a peak of approximately 26 million tokens to around 3 million. His Bitcoin holdings also declined from roughly 1,500 BTC to just one BTC, while his Ethereum balance fell from approximately 40,000 ETH to six ETH.
He explained that his decision reflects his low tolerance for financial risk. Humphries also noted that Schwartz has not purchased XRP in a very long time, making his disclosure particularly relevant to holders who follow his views on the cryptocurrency.
Schwartz Previously Explained XRPL’s Purpose
Humphries also revisited a statement Schwartz made in 2025 about the XRP Ledger’s original purpose. Responding to a community question, Schwartz said, “XRPL was not designed as a way to make XRP’s price go up.”
He explained that the network was built around providing “a fast, cheap, and reliable native token” for payments.
Humphries referenced this statement when discussing the ambitious XRP price predictions that have circulated within the community. He believes investors should understand the distinction between the network’s intended purpose and expectations about the token’s future market value.
Why Schwartz’s Decision Is Different
Humphries emphasized that Schwartz’s decision to reduce his crypto exposure does not necessarily represent a negative assessment of XRP. He pointed to Schwartz’s financial position and age, explaining that someone who has already accumulated substantial wealth may have different investment priorities.
He also noted that Schwartz continues to invest in Ripple as a company. Humphries considers this distinction important because investing in Ripple does not necessarily require holding large amounts of XRP.
For retail investors, however, XRP remains the most accessible way to gain direct exposure to the cryptocurrency associated with Ripple’s ecosystem.
Humphries Sees Potential For An 8x To 10x Rally
Despite the disclosure, Humphries remains optimistic about XRP’s price prospects. He identified the current price area around $1 as a potential accumulation zone, comparing it with the $0.50 level that preceded a historical rally of approximately 6x.
He believes XRP could deliver another significant move, with his expectations ranging between 8x and 10x from current prices. Humphries linked this outlook to increasing institutional participation and said he has already positioned himself for the potential rally.
However, he also made clear that he intends to take profits if XRP reaches his expected targets.
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.
Follow us on X, Facebook, Telegram, and Google News
