David Schwartz, Ripple's chief technology officer emeritus and one of the original designers of the XRP Ledger, said on Tuesday that he has sold most of his XRP over the years, taking his holdings from a peak of roughly 26 million tokens down to about 3 million.

"It's not a secret," Schwartz wrote on X, where he posts under the handle JoelKatz. His Bitcoin and Ethereum positions shrank almost to zero as well, he added — from about 1,500 BTC to a single bitcoin, and from roughly 40,000 ETH to 6 ETH.

It's not a secret. I think I'm down from a high of around 26 million XRP to around 3 million XRP. Down from around 1,500 BTC to 1 BTC. Down from around 40,000 ETH to 6 ETH.

— David 'JoelKatz' Schwartz (@JoelKatz) November 10, 2026

The timing drew notice: XRP trades at $1.056, down 17% over the past week and 71% below its July 2025 record of $3.65.

Schwartz said he sold under a simple personal rule: sell at every new all-time high. Opportunities to apply that rule have been scarce — since the token's January 2018 peak, XRP has closed at a new record on only two days, both falling in July 2025.

Schwartz Sold Into Rallies, Not Into the Drop

The figures point to a slow, multi-year reduction rather than a sudden exit. Schwartz disclosed no dates or sale prices, so the exact timing of the transactions is unknown outside his own records, and the sales cannot be tied to any specific market episode.

He has explained the reasoning before. In a July post, he laid out the rule, writing that he "agreed with my wife to sell at every new ATH and I really, really hate risk."

Schwartz offered further detail on Monday, November 9. He said he has "sold nearly all of the digital assets I've ever held" and has not bought XRP "in a long time." He continues to hold "quite a bit of Ripple stock," which he described as carrying more risk than he would like. What remains, by his own account, is a stake in Ripple itself that he considers riskier than he would like, alongside a crypto position a fraction of its former size.

On paper, the scale of the disposals is substantial:

• XRP sold: roughly 23 million tokens, an 88% reduction from his peak holding.
• XRP remaining: about 3 million tokens, worth approximately $3.2 million at current prices.
• Bitcoin: 1,499 BTC sold — coins that would be worth about $110 million at today's price of roughly $73,800.

Taken together, the XRP and Bitcoin he says he no longer holds would be worth well over $130 million at today's prices.

XRP Price Analysis: Can XRP Hold Above $1?

XRP changed hands at $1.056 on Binance, down 2.8% in 24 hours. On Tuesday, after the U.S. inflation report, the token fell to $1.0311, its lowest level since August 19.

On the daily chart, where each candle covers one day, XRP sits well below both of its exponential moving averages (EMAs), which give greater weight to recent prices. The 50-day EMA stands at $1.284 and the 200-day EMA at $1.347.

Resistance is located at $1.089, the 24-hour high, followed by $1.130, a recent swing high, and then $1.284 at the 50-day EMA. Support sits at $1.031, Tuesday's low, and then $1.009. Below that, $0.986 marks the August 14 low — the last occasion XRP traded under $1. In the sessions ahead, $1.031 and $1.009 are the nearby levels to watch; a move below $0.986 would put XRP under $1 for the first time since mid-August.

For XRP holders, Schwartz's disclosure amounts to old news with new numbers. Under his own rule, he sells only at fresh record highs — and from current levels, XRP would need to more than triple to set one.