Ripple Whale David Schwartz: CTO Reveals His Crypto Portfolio

What does Binance CEO Changpeng Zhao’s portfolio look like, and which cryptocurrencies does Ripple CTO David Schwartz hold? Even if such questions have no impact on cryptocurrencies, it is still interesting to see the giant whales’ portfolio.

In a recent series of tweets, Ripple CTO David Schwartz spoke about his crypto portfolio. Schwartz exposes how many XRP he owns and what his relationship to Bitcoin and Ethereum looks like.

There is probably no doubt that David Schwartz, as Ripple CTO, owns a large amount of XRP.

In a tweet written last week, Schwartz revealed he owned more than 1 million XRP. He didn’t want to show the exact number. What is certain is that the amount he holds is between 1 million and 10 million XRP.

Schwartz has assets of $ 660,000 up to $ 6.6 million in XRP.

Let's just say more than 1 million and less than 10 million.

— David Schwartz (@JoelKatz) November 24, 2020

Bitcoin sold for $ 750 and ETH for $ 1

The majority of readers have probably made one or many investments in cryptocurrencies that they regret today.

Schwartz said he lost near as much as he was already making from cryptocurrencies. The total loss amounts to around 300,000 dollars.

Even experts make mistakes and lose money. It is essential to carry out detailed research before investing.

Schwartz also said he spoke to his wife about some consolidation plans. In other words, a strategy that should secure some assets and contain less risky investments.

Schwartz sold Bitcoin for $ 750, Ethereum for $ 1, and XRP for $ 0.10.

The 40,000 ETH that I sold at $1 was all me though.

— David Schwartz (@JoelKatz) October 11, 2020

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