Ex-Ripple CTO Held 26M XRP, Co-Founder Reportedly Sold Bitcoin Instead of XRP

Key Points

• David Schwartz disclosed previously holding 26 million XRP, now worth about $36.6 million.
• XRP trades near $1.40 amid mixed technical signals and consolidation.

David Schwartz, former Chief Technology Officer of Ripple, revealed that he once held 26 million XRP.

At current prices near $1.40, that allocation would be valued at approximately $36.6 million.

He shared the figure in response to questions about the scale of his personal XRP exposure, noting that his definition of “not a lot” still exceeds one million tokens.

According to Schwartz, his crypto holdings remain concentrated in Ripple-related assets and XRP.

During the same discussion, he referenced co-founder Arthur Britto’s past strategy, recalling that Britto had sold Bitcoin to cover expenses while retaining most of his XRP.

The comments emerged as market participants continue to monitor insider holdings and executive activity for signals about long-term positioning.

XRP Price Consolidates Near $1.40

XRP has been trading in a narrow range between $1.38 and $1.42 over recent sessions.

Short-term price action reflects consolidation, with support forming near $1.38 and resistance appearing around $1.43 to $1.45.

Technical indicators offer mixed readings, while the Fear & Greed Index has shifted to a neutral 50/100 after previously signaling fear.

A bullish scenario would involve a sustained move above $1.45, potentially opening a path toward $1.55 if buying volume strengthens.

A base-case outlook suggests continued movement within the $1.35–$1.44 range absent a strong catalyst.

A break below $1.38 could expose lower support levels near $1.30, based on recent trading patterns.

Infrastructure Projects Seek Growth Beyond Established Assets

With XRP’s market capitalization already in the tens of billions, its growth profile differs from that of early-stage digital assets.

Some investors are assessing smaller infrastructure projects that aim to address cross-chain liquidity and interoperability challenges.

LiquidChain ($LIQUID), a Layer 3 initiative, is positioning itself as a liquidity layer connecting Bitcoin, Ethereum, and Solana within a single execution framework.

The project states that developers can deploy applications once and access liquidity across multiple ecosystems.

Its presale is priced at $0.01456, with funding reported above $718,000, and features including unified liquidity access and verifiable settlement.