'XRP by Far': How Ripple's David Schwartz Makes His Biggest Profit Despite Selling Too Early

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. David Schwartz, Ripple's CTO Emeritus and now an honorary member of the renewed XRPL Foundation, responded on social platform X to a user question about which digital asset had generated the biggest profit for him, and, "by far," it was XRP. Advertisement Notably, the chief architect of XRP Ledger openly describes himself as excessively conservative. Reflecting on what advice he would give to his younger self before entering the industry, Schwartz said he would tell himself to take more risks, though he admitted he still likely would not have followed that advice. XRP by far. HOT Stories Ray Dalio: Bitcoin Fails as Safe Haven Can Toncoin (TON) Lose All Gains? Ethereum (ETH) $2,000 Plunge Is Possible, Shiba Inu (SHIB) Price Is in Strongest State Since March: Crypto Market Review — David 'JoelKatz' Schwartz (@JoelKatz) May 12, 2026 The math behind David Schwartz's XRP holding strategy Schwartz had previously disclosed the structure of his historical holdings, which explains his current conclusions. At the peak of his accumulation, Schwartz held 26,000,000 XRP, for which he converted his Bitcoin and Ethereum reserves. Advertisement At the same time, Schwartz still considers himself an extremely cautious investor. Once XRP reached the $0.10 mark, the amount of capital at risk - $2.6 million at the time - became psychologically uncomfortable for him. Because of his aversion to risk, he and his wife decided to systematically sell portions of their holdings each time XRP reached a new all-time high. You Might Also Like Mon, 05/11/2026 - 20:55 Ripple's Schwartz Joins XRP Ledger Foundation By Alex Dovbnya Advertisement According to the current XRP/USD chart at the beginning of the second decade of May 2026, the token's market value stands at $1.464, meaning that if the blockchain co-creator had held his entire peak allocation of 26 million coins until today, the position would now be worth exactly $38.064 million. During the global price peak around $3.84, the same volume of tokens would have been valued at $99,840,000. XRP all-time price chart, Source: TradingView Schwartz admits that he still has to force himself to take financial risks, and that he does not enjoy the process. Nevertheless, his latest statement confirms that even with early sales and strict risk management, the token he helped create outperformed every other asset in his portfolio. And even though he has not become a billionaire yet, he says the hope is still there. #XRP #Ripple News #XRP News