High Profile Trader Portnoy Ditches XRP at $2.40—Misses Millions After 60% Surge

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In a tragic tale spun from the threads of irony, Dave Portnoy, the grandmaster of online trading, recently let go of his XRP holdings at a measly $2.40, twiddling his thumbs whilst the asset danced upward toward the bright stars, ending in a glorious ascent to $3.66.

The Circle Jerk of Decisions

Now, let’s talk about this sage of the stock market—our friend Dave Portnoy, the Barstool bard of finance. His decision to sell XRP was inspired by a trusted advisor who, in a moment befitting a tragic Shakespearean character, declared that cryptocurrency had done all it could, citing the dread competition from Circle.

In a post emblazoned on the wild, unpredictable frontier that is X on July 18, Portnoy lamented the millions he forfeited, not unlike a farmer watching his crops go to waste after the harvest had passed. Just as Bitcoin.com reported, the digital gold had climbed past its previous high, asserting itself as the triad’s keeper in the realm of market cap.

Portnoy revealed his sorrowful choice in tones that would make a statue weep:

“I sold XRP back when it went to $2.40 because the guy who told me to buy it told me that I should sell it because he thought Circle would compete with them, he was unhappy with it. It’s up 60% since I sold it and I would have made millions and I want to cry.”

The Pattern of Panic

Ah, this has become a familiar melody, hasn’t it? Portnoy, in a classic case of doing the cha-cha with fate, dumped his XRP like it was a hot potato, mimicking his earlier harrowing gambit, where he vacated his Bitcoin position mere moments after acquiring it. Who could forget the melodrama of 2020 when he learned that his shiny new BTC was not impervious to the fickle tendencies of the market?

Later, in an episode dripping with regret, Portnoy longed for the days when Barstool could have tossed in $10 million into the buzzing hive that is BTC. Fast-forward to July, when he announced he would buy BTC—if it ever stooped down to the lowly price of $40,000.

Yet, here we are, in the latest episode of regret, where Portnoy’s tale of lost fortunes resounds, announcing that he no longer holds XRP, despite once wielding proudly the banner of the “XRP army.” Such is the folly of man! 😂

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2025-07-22 03:57