Overview
- Schwartz posted on X on Monday, July 20, 2026, saying he wished he had not sold XRP at $0.10 and large amounts of early Ethereum, adding “I obviously wish I hadn't done those things.”
- His public comments recall that his XRP holdings once peaked at about 26 million tokens and that he sold roughly 40,000 ETH at about $1.05 per coin.
- Schwartz says the exits came from a rules-based derisking pact with his wife to sell portions of holdings at every new all-time high and not from a loss of faith in the networks.
- He stepped back from day-to-day CTO duties at the end of 2025, now holds most industry exposure through Ripple equity, and has remained technically involved with the XRPL, including support for the June 2026 3.2.0 upgrade.
- The episode highlights a common insider dilemma of assigning probabilities to extreme upside in early crypto and could shape how people view past token sales, liquidity discussions, and public trust in developer disclosures.