David Schwartz, Ripple’s former chief technology officer and a co-creator of the XRP Ledger, said he has not bought XRP in a long time and has sold nearly all the digital assets he once held because he dislikes investment risk. In an X post on the 11th, Schwartz said he had agreed with his wife to sell holdings whenever they reached a new high. His XRP holdings fell from 26 million tokens to about 3 million, while his Bitcoin position declined from roughly 1,500 BTC to 1 BTC and his Ethereum holdings from 40,000 ETH to 6 ETH. Schwartz still holds substantial Ripple stock, which he also considers riskier than he would prefer, and said his personal risk tolerance was not a prediction about XRP’s future. XRP fell 2.2% over 24 hours and more than 18% over the past week as it struggled near $1.06, dropping to sixth place by market capitalization after USDC overtook it. XRP advocate Bill Morgan previously said the disclosures should not be interpreted as a warning specific to XRP, noting that XRP remained Schwartz’s largest crypto holding by dollar value and that he had not exchanged the remaining tokens for Ripple’s RLUSD stablecoin.