David Schwartz Sells 2.8 million XRP

Ripple CTO David Schwartz looks to have sold 2.8 million xrp from April 9th to April 17th. While this has some people saying that it signals a large drop from XRP soon, I don’t really agree with this. He probably has more than 2.8 million XRP and may have just need the funds for other projects like his Polysign company. While it is certainly not good news for XRP holders, it doesn’t quite qualify as “horrible news” either.

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