Ripple Veteran on Selling XRP: 'I Wish I Hadn't'

Ripple CTO David Schwartz claims that his decisions to sell XRP at $0.10 and Ethereum at around $1 were driven by his strong aversion to risk rather than a lack…

Alex Dovbnya · 21 Jul 2026 · 5 min read

Wire content from U.Today

Ripple Veteran on Selling XRP: ‘I Wish I Hadn’t’

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Alex Dovbnya

Tue, 21/07/2026 – 5:31

Ripple CTO David Schwartz claims that his decisions to sell XRP at $0.10 and Ethereum at around $1 were driven by his strong aversion to risk rather than a lack of faith in crypto.

Ripple Veteran on Selling XRP: 'I Wish I Hadn't'

Cover image via U.Today

Unlikely price predictions
Ripple veteran no longer holds much XRP

Ripple CTO Emeritus David Schwartz has admitted that he regrets selling some of his early cryptocurrency holdings, including XRP at $0.10 and Ethereum at around $1.

He says his decision was driven mainly by his aversion to risk, which he “really, really” hates.

“Obviously, I wish I hadn’t done those things,” Schwartz replied.

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The Ripple veteran explained that the sales were part of an agreement he had made with his wife to gradually reduce exposure whenever his holdings reached new all-time highs.

“But I agreed with my wife to sell at every new ATH and I really, really hate risk,” Schwartz said. “I wish I was more comfortable with risk, but I’m just not that person.”

Unlikely price predictions

Schwartz previously revealed that he sold his Ethereum because he viewed extreme price predictions as unlikely

Addressing criticism over the early sale, Schwartz said that his decision was based on probability rather than a lack of belief in crypto’s long-term potential.

“If I had thought there was a 1% chance of it hitting $2,368, I would not have sold it for $1.05,” Schwartz previously stated.

Ripple veteran no longer holds much XRP

Despite once owning a significant amount of XRP, Schwartz has said that he has largely reduced his cryptocurrency exposure and “does not have much left anymore.”

In April, Schwartz revealed that most of his remaining crypto holdings had been sold.

“I don’t have that much left anymore,” Schwartz said. “I’ve tried to get most of my assets (other than Ripple stock) away from crypto exposure.”