Ripple's Schwartz on XRP: 'I Don't Have Much Left Anymore'
Analysis
Price Impact
LowDavid schwartz, the cto emeritus of ripple, stated he has sold most of his xrp holdings, reducing his crypto exposure. while his personal decision might not directly influence the broader market, it can be interpreted as a sign of reduced confidence from a key figure within the ripple ecosystem. however, his reasoning focuses on personal risk aversion rather than fundamental flaws in xrp, limiting the immediate price impact.
Trustworthiness
HighPrice Direction
NeutralSchwartz's personal decision to sell xrp does not necessarily signal a bearish outlook for the coin itself. he explicitly states his reason is personal risk aversion and that he still holds ripple stock. his comments also aimed to temper unrealistic price predictions, suggesting a desire for stable, grounded expectations rather than a prediction of a price drop.
Time Effect
LongSchwartz's decision to reduce his xrp exposure and his general stance on risk management are long-term strategic choices. his comments reflect a personal philosophy on wealth management and risk that is not tied to short-term market fluctuations.
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Cover image via U.Today The $1.05 Ethereum sale Pouring cold water on the $10K prediction Advertisement Ripple CTO Emeritus David Schwartz has candidly revealed that he does not have much XRP left . He may miss out on massive crypto windfalls, but the Ripple veteran claims peace of mind is his top priority as of now. The $1.05 Ethereum sale As reported by U.Today, Schwartz famously sold Ethereum (ETH) at just $1.05/ HOT Stories XRP vs. BTC Price Comparisons Are Useless: Ripple Vet Schwartz, Binance Announces Big Tech Listing of AMD and Qualcomm, Bitcoin Targets $96,000 as Institutions Buy 500% of Supply - Morning Crypto Report Crypto Regulation 2026: What Is Happening in Russia? Addressing the early ETH sale, Schwartz maintained his pragmatic stance on probability and market forecasting. Advertisement "If I had thought there was a 1% chance of it hitting $2,368, I would not have sold it for $1.05," he said. When subsequently asked by another user if he was holding onto his XRP, Schwartz delivered an update on his portfolio. "I don't have that much left anymore. I've tried to get most of my assets (other than Ripple stock) away from crypto exposure. As I've said, I really don't like risk even though pretty much every risk I've taken has worked out amazingly well for me," he said. Advertisement Schwartz has explained that relying on his Ripple equity provides him with enough skin in the game without the volatility of holding pure digital assets. You Might Also Like Sun, 05/03/2026 - 07:00 Ripple’s Schwartz Shuts Down Gag Order Rumors By Alex Dovbnya "I fully recognize that crypto may be a once-in-a-generation chance to get rich that we have not missed yet and that may mean that I miss a lot of it," he explained. "I'm okay with that and hope my Ripple stock gives me enough exposure. I sleep better at night that way." The Ripple vet claims diamond hands guy. That's not me. I'm the smart, sensible investment guy who might miss the big opportunities. And I'm okay with that." Pouring cold water on the $10K prediction As reported by U.Today, Schwartz recently dismantled the "uber-bullish" $10,000 XRP price targets pushed by social media influencers, arguing that if wealthy investors genuinely believed there was even a 1% chance of XRP hitting five digits, they would have already bid the token up to at least $20 today. Schwartz has previously admitted to selling off a significant portion of his XRP portfolio at just $0.10. That price level seemed "insane" back then. #XRP News #Ripple News