# David Schwartz Says XRP Holdings Fell to About 3 Million

By Sonny Jang

Canonical URL: https://www.tokenpost.com/news/people/55537
Published: 2026-11-12T14:58:54.000Z
Updated: 2026-11-12T14:58:54.000Z
Section: People

> He also put his Bitcoin balance at 1 BTC and Ether at 6 ETH, down from 1,500 BTC and 40,000 ETH, respectively.

Ripple CTO emeritus David Schwartz said his XRP holdings had fallen to about 3 million from a peak of about 26 million, while his Bitcoin and Ether balances also declined.

Schwartz said Nov. 10 that he held about 1 Bitcoin (BTC), down from 1,500 BTC, and six Ether (ETH), down from 40,000 ETH. He gave approximate balances but did not detail when or how they changed.

His November estimate of about 3 million XRP differs from the roughly 2 million he estimated in August, after describing a decline from the same peak. Both figures were approximate.

In a Nov. 9 post, Schwartz said he had not bought XRP in a long time and had sold nearly all the digital assets he had held. He said he was “very uncomfortable with risk” and still owned “quite a bit” of Ripple stock, adding that the stock holdings alone represented more risk than he wanted.

Schwartz also said he sold about 2.5 million XRP during 2025, most of which he said he received in 2020 and 2023. He said he paid about $1.7 million in capital-gains tax on those sales.