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BEARISH 35 U.Today 8H ago · 1 min read 3 reads

Ripple’s David Schwartz Reveals Massive XRP Sale

Ripple’s David Schwartz Reveals Massive XRP Sale
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AI summary

Former Ripple CTO David Schwartz disclosed that he cut his XRP holdings by 23 million tokens and sold nearly all of his Bitcoin and Ethereum, citing extremely low risk tolerance. The sale is a personal portfolio decision rather than a change in Ripple's business or XRP's fundamentals. Traders may watch for short-term sentiment pressure on XRP, though the disclosed size is modest relative to daily market volume.

Read at source U.Today Also reported by BeInCrypto crypto.news Follow BTC Follow ETH Follow XRP
Narrative history
7 linked stories · 3 outlets · since 5 Nov
  1. 8H AGO
    You’re reading this
    Ripple’s David Schwartz Reveals Massive XRP Sale
    U.Today · Score 35
  2. 9 NOV · 21:07
    Ripple’s Schwartz says XRP transaction fees are not a major price driver
    U.Today · Score 20 · via Schwartz, David
  3. 9 NOV · 17:27
    Ripple Insider Sold 2.5M XRP, But Still Thinks Its Price Could Flip Bitcoin
    CryptoNews · Score 25 · via 2.5, Schwartz
  4. 9 NOV · 11:27
    ‘I Sold 2.5 Million XRP’: Ripple Vet David Schwartz Rebuts Critics With Tax Proof
    U.Today · Score 25 · via Schwartz, David Schwartz
  5. 8 NOV · 11:29
    Ripple’s Schwartz says he can’t steer XRP price as token sits near $1.16
    crypto.news · Score 25 · via Ripple Schwartz, Schwartz
  6. 8 NOV · 06:20
    Ripple’s Schwartz rejects blame for XRP price, says his influence is minimal
    U.Today · Score 15 · via Ripple Schwartz, Schwartz
  7. 7 NOV · 11:30
    Ripple Veteran David Schwartz Draws the Line With XRP Spammers
    U.Today · Score 15 · via Schwartz, David
  8. 5 NOV · 12:24
    Ripple’s David Schwartz says he picked the right time to retire amid AI hacking debate
    U.Today · Score 15 · via Ripple David, Schwartz
Most read · 72h