Ripple CTO’s Reported 2.5M XRP Sale Revives Holdings Debate
David Schwartz said he sold about 2.5 million XRP in 2025, drawing renewed attention to the distribution of large XRP holdings.
David Schwartz said he sold about 2.5 million XRP in 2025, drawing renewed attention to the distribution of large XRP holdings. XRP (XRP) is trading at ₹99.22 ($1.06). This is an original Token Times brief synthesising 2 outlets (CaptainAltcoin, DailyCoin), plus live market data, as of Wed, 11 Nov 2026 09:00:01 UTC.
The disclosed sale provides a concrete data point for debate about insider ownership and liquidations, while DailyCoin’s focus on XRP’s security framework highlights the boundary between large-holder influence and control of the ledger.
- Schwartz reported selling roughly 2.5 million XRP during 2025
- Most tokens sold reportedly originated from 2020 and 2023 receipts
- He said capital-gains taxes totaled approximately $1.7 million
- XRP trades at $1.056, down 3.43% over 24 hours and 16.92% over seven days
CaptainAltcoin reports that Ripple CTO David Schwartz disclosed a sale of roughly 2.5 million XRP during 2025, with most of the tokens received in 2020 and 2023, and approximately $1.7 million paid in capital-gains taxes. DailyCoin connects the issue to XRP’s rich list and argues that the ledger’s security design prevents any large holder from taking over the network. The important distinction is that the sale amount, acquisition years, and tax figure are attributed specifically to CaptainAltcoin, while DailyCoin supplies broader context about ledger security rather than independently confirming those details; neither supplied account contradicts the other.
CaptainAltcoin reported that Ripple CTO David Schwartz disclosed selling roughly 2.5 million 
XRP during 2025. According to that outlet, most of the XRP in the transactions had been received in 2020 and 2023, establishing when the sold tokens originally entered his possession before the reported disposal.
The disclosure also included the tax side of the transactions. CaptainAltcoin said Schwartz paid approximately $1.7 million in capital-gains taxes, a figure that presents the sale as a substantial realization rather than an isolated or token-sized transaction. The supplied coverage did not identify the exchanges, counterparties, sale dates, or prices involved.
Coverage from DailyCoin framed the broader issue around XRP’s rich list and the security of its native ledger. Its summary says those security measures ensure that no wealthy holder can take over the chain. That point adds institutional context to the reported sale, but the supplied DailyCoin text did not independently repeat the 2.5 million token total, the 2020 and 2023 acquisition years, or the $1.7 million tax figure.
XRP was trading at $1.056 in the supplied live market data. The token was down 3.43% over 24 hours and 16.92% over seven days, while its market capitalization stood at $67.04 billion. The coverage does not establish that Schwartz’s reported sale caused those price moves, so the decline is market context rather than a demonstrated reaction to the disclosure.
The wider crypto market was broadly lower, with total capitalization at $2.52 trillion and 
Bitcoin down 1.10% over 24 hours. The Fear & Greed index stood at 29, placing sentiment in the Fear category. The combination of a falling XRP price, a broader risk-off market backdrop, and renewed discussion of large-holder transactions makes the reported sale a point of interest for readers tracking XRP ownership concentration and market sentiment.
Since this brief published about 2 hours ago, XRP (XRP) has moved from ₹99.22$1.06 to ₹99.22$1.06 — +0.00%.
The chart plots XRP's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 XRP ≈ ₹104.93 (about $1.06), down 2.8% over 24 hours. The rupee itself trades about 5.8% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Ripple CTO’s Reported 2.5M XRP Sale Revives Holdings Debate — questions & answers
How much XRP did David Schwartz reportedly sell?
CaptainAltcoin reported that Schwartz sold roughly 2.5 million XRP during 2025.
When did Schwartz receive most of the sold XRP?
Most of the tokens were reportedly received in 2020 and 2023.
What taxes did Schwartz reportedly pay?
CaptainAltcoin said the transactions generated approximately $1.7 million in capital-gains taxes.
Can a large XRP holder take over the ledger?
DailyCoin says XRP’s native-ledger security prevents rich-list holders from taking over the chain.
How much is 1 XRP worth in rupee today?
About ₹104.93 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $1.06. The rupee price moves with both XRP's US-dollar price and the USDT/INR rate; use our XRP in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from CaptainAltcoin, DailyCoin, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.