According to U.Today, citing public statements by former Ripple Chief Technology Officer David Schwartz, his XRP holdings have dropped from a peak of approximately 26 million to about 3 million, representing a cumulative reduction of roughly 23 million over the long term. He also stated that his BTC holdings fell from around 1,500 to just 1, and ETH dropped from roughly 40,000 to 6, attributing the sales to his low risk tolerance. The report noted that the timing of most of these sales and the proceeds generated remain unclear, and this does not represent a single recent sale of 23 million XRP.