Ripple CTO Emeritus David Schwartz regrets early sales of XRP at $0.10 and Ethereum near $1

1. David Schwartz regrets selling early XRP at $0.10 and Ethereum near $1 due to risk aversion, not lack of confidence Newsworthy Reliable Negative
2. Schwartz sold crypto holdings at each new all-time high per agreement with his wife to reduce financial risk Newsworthy Reliable Neutral
3. Former Ripple CTO once held about 26 million XRP but steadily reduced exposure by selling gradually Relevant Reliable Neutral
4. Schwartz sold 40,000 ETH at around $1.05 each; would have held if he believed a 1% chance of large price gains Relevant Reliable Neutral
5. His sales strategy reflects personal strong dislike of financial risk rather than doubts about crypto's future Relevant Reliable Neutral
6. Schwartz has shifted much of his wealth outside cryptocurrencies but retains Ripple equity and involvement Relevant Reliable Neutral
7. He remains active in XRP Ledger community and supports upgrades despite stepping down as day-to-day CTO Relevant Reliable Positive
8. Schwartz clarifies his past XRP price comments as personal perspective, not formal price predictions Relevant Reliable Neutral

Type: standard news · Analysis confidence: 95%

Used in syntheses

• ChatGPT forecasts XRP price at $1.35 by Q3 2026 • Ripple triples prime brokerage revenue • Secures full EU MiCA authorization • XRP Ledger surpasses 8 million accounts • ETF inflows mixed • Former CTO regrets early XRP sales • XRP classified as digital commodity by SEC and CFTC