David Schwartz, Ripple’s CTO Emeritus and a co-creator of the XRP Ledger, said his personal XRP holdings have fallen from a peak of around 26 million tokens to roughly 3 million. That represents a reduction of about 88.5% from his reported maximum position. The disclosure shows a major long-term reduction in his XRP exposure, but does not establish when all of the tokens were sold.
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
Schwartz also said his Bitcoin holdings dropped from around 1,500 BTC to 1 BTC, while his Ether position declined from roughly 40,000 ETH to just 6 ETH. The figures indicate that he has sharply reduced exposure across several major cryptocurrencies, not only XRP. His personal holdings should also be distinguished from Ripple’s corporate XRP holdings and sales.
The statement does not provide execution dates, sale prices or a complete transaction history for the roughly 23 million XRP difference between his peak and current holdings. The main point to watch is whether Schwartz provides further detail on the timing or structure of those reductions. Until then, the 88% figure should be treated as a comparison between reported peak and current holdings rather than a recent single sale.
Source: David Schwartz.
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