Ripple CTO’s 2.5M XRP Sale Revives Insider Disclosure Questions

Ripple CTO David Schwartz disclosed that he sold roughly 2.5 million XRP during 2025, according to CaptainAltcoin and CryptoNews. Both outlets report that the transactions resulted in approximately $1.7 million in capital-gains taxes, making the tax figure the central numerical point corroborated across the coverage. Most of the XRP involved had been received by Schwartz in 2020 and 2023, CaptainAltcoin reported. That timing places the tokens he sold well before the 2025 transactions, but neither outlet provides the complete acquisition schedule, average sale price, or current balance of his XRP holdings. The two publications frame the disclosure differently. CaptainAltcoin centered the renewed debate within the XRP community over insider holdings, while CryptoNews highlighted that Schwartz sold at a low price and still believes XRP could flip Bitcoin. The outlets do not contradict one another on the sale amount or taxes, and no alternative transaction figures were reported in the supplied coverage.

The disclosure matters because it documents a substantial insider sale without establishing how much of his position remains. It also provides a tax-related marker for the transaction, although the reported $1.7 million represents capital-gains taxes rather than the value of the XRP sold. No wider market reaction was directly attributed to the disclosure in either account. The broader market context was subdued. Total crypto market capitalization stood at $2.52 trillion, with the overall market described as flat. Bitcoin traded at $73,725, down 0.89% over 24 hours and 5.99% over seven days. The Fear & Greed index stood at 29, within the Fear range. XRP was weaker over both periods measured, trading at $1.059 with a 24-hour decline of 2.33% and a seven-day drop of 17.20%. Its market capitalization was $67.24 billion. The figures show that XRP entered the news period under greater short-term pressure than Bitcoin, but the supplied reports do not tie its performance directly to Schwartz’s sale. The next points to monitor are further disclosures from Schwartz or Ripple about insider holdings, along with any additional information about the tokens’ acquisition dates and sale proceeds.