A post by @WuBlockchain on X.

Former Ripple CTO David Schwartz disclosed he has sold the vast majority of his crypto holdings, citing extreme personal risk aversion, after his peak portfolio had grown substantially. Schwartz, who helped build Ripple's XRP Ledger and is one of the largest individual XRP holders, said the shift reflects his discomfort with concentrated exposure rather than a negative view on the market. The disclosure matters because sales by high-profile, long-tenured insiders are often read as sentiment signals, even when driven by personal risk tolerance. It follows a broader pattern of early crypto figures trimming positions after multi-year rallies. Traders will watch whether other large XRP holders follow suit and whether Schwartz clarifies how much of his remaining wealth stays tied to XRP.