Ripple CTO Emeritus David Schwartz says he regrets early XRP, Ethereum sales

A revived exchange on X renewed attention on Schwartz’s risk-driven crypto sales, and Yahoo Finance highlighted his regret over selling XRP at $0.10 and Ether at $1.

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Summary

Ripple CTO Emeritus David Schwartz revived debate over his early XRP and Ethereum sales after replying to an old X post that revisited his history of selling XRP at $0.10 and Ethereum near $1. Schwartz said the trades reflected a long-standing agreement with his wife to reduce exposure at every new all-time high because he strongly dislikes financial risk, rather than any loss of confidence in the technology. Yahoo Finance highlighted that he said he regrets selling XRP at $0.10 and Ether at $1. He has previously said he sold 40,000 ETH at about $1.05 each and that even a 1% chance of Ethereum reaching $2,368 would have stopped him from selling at that price. The XRP Ledger co-creator once held about 26 million XRP and has steadily cut that position over time. XRP traded near $1.13 on July 21, up 4.1% over 24 hours, but still below its July 2025 all-time high of $3.65. While some community members treated Schwartz’s resurfaced comments as a possible hint about taking profits ahead of another peak, his post addressed past personal risk-management decisions and did not include a price target or timing signal.

Terms & Concepts
  • XRP Ledger: Blockchain network associated with XRP
  • all-time high: The highest price an asset has reached in its trading history