On the 11th, former CTO (Chief Technology Officer) of U.S.-based Ripple, David Schwartz, disclosed in a post on X that he has significantly reduced his cryptocurrency holdings. According to the post, his XRP holdings decreased from a peak of approximately 26 million XRP to about 3 million XRP, his Bitcoin holdings from about 1,500 BTC to 1 BTC, and his Ethereum holdings from about 40,000 ETH to 6 ETH.
The reasons for reducing his holdings include...