Ripple CTO (chief technology officer) David Schwartz said he sold most of his XRP holdings when the token reached $0.10 because he did not believe it would climb to $0.25. He argued that this choice does not make him morally inferior, framing the decision as a personal judgment about risk and probability rather than a character issue. Schwartz also said that if wealthy investors believed XRP had even a 1% chance of reaching $10,000, market buying pressure would likely reflect that expectation. His comments center on investor behavior and how price expectations can influence demand in crypto markets.