David Schwartz hasn’t bought XRP in a ‘long time,’ sold millions in 2025
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David Schwartz, XRP co-creator and former Ripple CTO, said he has not purchased XRP in a long time and sold millions of tokens in 2025. The disclosure came via a post first reported by Protos, offering rare insight into the holdings activity of one of the XRP Ledger's most prominent figures. Schwartz's sales add to the supply overhang narrative for XRP, which trades as one of the largest tokens by market cap. His comments matter because founder selling is closely watched as a signal of insider conviction. Traders will watch whether other Ripple-linked holders disclose similar 2025 sales and how XRP's price absorbs the added supply.
Muhabbit's AI wrote this summary in its own words from Protos's report. It can get details wrong, so check the source.
Named in this story
David Schwartz, XRP (XRP), Ripple (XRP)
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