🚨 Ripple Ex-CTO Sold 88% of His XRP. He Kept 1 Bitcoin
David Schwartz, one of the architects of the XRP Ledger and Ripple's former chief technology officer, says he has sold nearly all the crypto I ever held. In my own posts on X this week I said I am down from a high of about 26 million XRP to about 3 million, from about 1,500 Bitcoin to 1, and from about 40,000 Ether to 6. I go through the posts one by one: what Schwartz sold, over how long, and why (he says he hates risk and agreed to sell at every new all-time high). Then what he kept: about 3 million XRP and his Ripple stock. Then the question it raises for any coin: who gets paid, the company or the token? Plus the Compass read on XRP and on Bitcoin, yesterday's inflation report in one minute, tonight's MSCI ruling on Strategy, and the Daily Edge: a simple trick for anyone who keeps reaching for the snacks. My positions: I hold equity in Ripple, the company. I do not hold XRP. I hold a small amount of SOL. I do not hold ZEC. This video is education and opinion, not a call to buy or sell XRP or Ripple shares. #xrp #bitcoin #crypto Kyle Chasse & Mert Mumtaz Interview: https://youtu.be/ZSIDNq2w0q8 This video is for educational and informational purposes only and is not financial, investment, or legal advice. Contains affiliate links. - See full disclaimer below. ⸻ 🧭 GET THE MARKET COMPASS (free, includes the companion course): 👉 https://kylechasse.com/compass 10-minute setup, all steps on one page. 🎥 Watch the MARKET COMPASS Deep Dive: https://youtu.be/oZInvVPSDLA ⸻ 👉 The TIBBIR Drop with WEEX (paid partnership): this video includes a paid promotion with WEEX. The TIBBIR Drop is run by WEEX under its official rules: [https://www.weex.com/events/promo/kylechasser-tibbir-2?vipCode=wpgg]. Sign up: 🟢 https://pro.weex.com/kylechasse/index.html WEEX picks and announces the winners. Not available in the US, Canada or other restricted regions. Futures trading is high risk, and you can lose your margin. YouTube is not a sponsor of this promotion. Position disclosure: I hold TIBBIR, and it's one of my biggest positions. My other holdings are listed in the disclaimer below. I'm sharing what I do with my own money so you can see where I stand. None of this is financial advice. ⸻ 🔔 BloFin: (affiliate link) My referral link: https://blofin.com/invite/KyleChasse ⸻ 🔗 KYLE'S LINKS 📬 Free weekly newsletter (the levels, the dates, the Edge): https://thedataroom.beehiiv.com/ 🔔 Deals & partner exchanges (affiliate links): https://kylechasse.com/deals-2 ⭐ The Data Room (research only, not financial advice): https://whop.com/joined/thedataroom/ 🟢 WLTH (Kyle is a co-founder): https://app.wlth.xyz/ 🎥 The Chassé Report (new macro channel): https://www.youtube.com/@ChasseReport 🌐 Website: https://kylechasse.com/ 𝕏: https://x.com/Kylechasse ⸻ ⚠️ Important Disclaimers General: Educational content only. Not financial, investment, or legal advice. Kyle Chassé is not a registered investment adviser. Not an offer to buy or sell any asset. Opinions are personal and may be outdated. Verify independently before investing. Positions & Conflicts: Disclaimer: This video is education and opinion, not financial advice. Kyle holds TIBBIR, BTC, ETH, HYPE, VVV, PONS, Lighter and Aster and may hold positions in assets discussed. Kyle is a co-founder of WLTH and an early investor in Circle and Kraken. On-chain data is public; who controls any wallet is not proven. Analyst levels, forecasts and market figures are those sources' own views. BloFin is a paid partner. Nothing here is a recommendation to buy or sell anything. Do your own research. Kyle may hold or have business ties to assets discussed, and may trade them at any time. Portfolio: https://kylechasse.com/portfolio Guest views are their own. Guests may hold assets they discuss. Affiliates & Sponsors: Some links are affiliate links that pay the channel. Paid sponsorships use YouTube's paid promotion label. Risk: Digital assets carry risk, including loss of principal. Leveraged products can lose more than your deposit. Past performance does not guarantee future results. You are solely responsible for your decisions. No liability is assumed for losses. Accuracy: Views are current as of publication and may change. Charts are illustrative. Accuracy is not guaranteed, especially for third-party data. ⸻ ⏱️ Timestamps: 00:00 CTO Sold Most Holdings 01:08 Who Is David Schwartz 01:35 Why He Sold at Highs 03:45 Community Reacts 05:15 Unit Bias Explained 06:45 XRP Market Cap Math 09:28 Token vs Ripple Equity 14:50 Speculation Over Utility 18:21 XRP Chart Reality Check 19:35 Bitcoin Levels to Watch 21:11 Fed Hike Odds Jump 25:01 Geopolitics and Inflation 27:27 Oil Prices And Fed 29:21 ETF Outflows And Volume 30:35 MSCI Risk For Strategy 33:34 Ledger Security Reality 35:02 Banks Launch Stablecoin 37:28 Zcash Cabal Warning 42:23 Solana Privacy Update 42:50 Recap And Founder 46:21 Daily Edge Snack Hack
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