Ethereum · 99Bitcoins
David Schwartz Regrets Selling XRP at $0.10 and 40,000 ETH, But Stands By His Logic
Compiled by KHAO Editorial — aggregated from 1 source + 1 reference discovered via search. See llms.txt for citation guidance.
◌ Single Source
In XRP news today, David Schwartz, Ripple’s CTO Emeritus and co-creator of the XRP Ledger, publicly admitted on July 20, 2026 that he regrets selling XRP at $0.10 and 40,000 ETH at roughly $1.05 each, but he was clear that neither sale reflected a loss of conviction in crypto.
Key facts
- The admission landed on X under his longtime handle, after another user raised his history of selling XRP at $0.10 and Ethereum near $1
- With XRP price trading around $1.13 and ETH price near $1,927 at the time of the article’s publication, according to multiple price feeds, the scale of the missed upside is not hard to calculate
- Trade XRP on ByBit and Join the 99Bitcoin’s $1000 USDT Airdrop
- His XRP holdings peaked at approximately 26 million tokens before he substantially reduced that position over subsequent years, according to Ripple executives’ XRP sales data since 2012
Summary
The admission landed on X under his longtime handle, after another user raised his history of selling XRP at $0.10 and Ethereum near $1. Obviously, the reporter wish the reporter hadn't done those things. — David 'JoelKatz' Schwartz July 20, 2026. With XRP price trading around $1.13 and ETH price near $1,927 at the time of the article’s publication, according to multiple price feeds, the scale of the missed upside is not hard to calculate.