The Economic Times

XRP investors have a new reason to worry: Ripples David Schwartz sells 23 million XRP tokens, cuts holdings by 88% Why he exited as XRP price struggles near $1

XRP news today: Ripples David Schwartz has sold 23 million tokens, cutting his holdings by 88% to 3 million XRP. The disclosure comes as XRP trades at $1.056 on Wednesday, November 11, down 17% over the past seven days and 71% below its July 2025 record of $3.65.