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Ripple Co-Creator David Schwartz Explains Selling XRP at 10 Cents Due to Risk Aversion and Family Agreement

Overall sentiment: Neutral

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Published Jul 21, 2026 · Retrieved Jul 21, 2026

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David Schwartz, Ripple's CTO Emeritus, regrets selling XRP early at 10 cents due to risk aversion and a family pact. Newsworthy Reliable Neutral
Schwartz adhered to a family agreement to sell cryptocurrency holdings at every new all-time high to reduce financial risk. Newsworthy Reliable Neutral
He sold not only XRP but also Ethereum early, citing discomfort with financial risk rather than doubt in the technology. Relevant Reliable Neutral
Schwartz held about 26 million XRP tokens and gradually reduced his position over time in line with his risk management approach. Relevant Reliable Neutral
As of July 21, 2026, XRP trades at approximately $1.13, significantly below its all-time high of $3.65 reached in July 2025. Newsworthy Reliable Negative
The XRP community speculates Schwartz’s comments may hint at an upcoming new peak and advise taking profits. Relevant Plausible Neutral
Schwartz emphasized his remarks reflect past personal decisions and do not constitute any market price prediction or timing advice. Relevant Reliable Neutral
Industry watchers anticipate the U.S. Senate vote on the CLARITY Act, aiming to establish permanent crypto regulatory frameworks affecting XRP. Newsworthy Reliable Neutral

Type: standard news · Analysis confidence: 95%

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