Millionaire Dave Portnoy bought the dip with 1 million USD in XRP, stating he missed the last "god-level pump."

GateNews
XRP4,39%
BTC3,95%
ETH6,27%

According to Golden Finance, Barstool Sports founder Dave Portnoy bought $1 million worth of XRP on Monday, along with $750,000 worth of Bitcoin and $400,000 worth of Ethereum, for a total investment exceeding $2 million. Portnoy posted a video on X to his 3.7 million followers saying, “So last night I bought a total of $1 million in XRP, 400 ETH, and $750,000 in BTC. The market is bloodied everywhere.” He described himself as a “shark” taking advantage of the crash.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Ripple report: 8 African countries advance crypto regulation, with South Africa leading the stablecoin space

Ripple reports that about 8 countries in Africa have established cryptocurrency regulatory frameworks, driving high adoption rates due to demand for remittances and inadequate financial infrastructure. Regulation is more mature in South Africa and Mauritius, while Nigeria and Kenya are still developing. Stablecoins are gradually shifting from speculation to business use, enhancing the potential for integrating financial systems.

MarketWhisper1h ago

XRP Leads $224 Million Weekly Inflows as Ethereum Lags and Bitcoin Sentiment Remains Mixed

Global digital asset investment products recorded $224 million in net inflows for the week ending April 3, 2026, following a $414 million outflow the prior week, with XRP dominating at $119.6 million while Ethereum saw $52.8 million in outflows and Bitcoin posted $107.3 million in net inflows amid polarized investor sentiment.

CryptopulseElite2h ago

XRP Today News: A whale’s holdings have reached a 10-month high as the Ripple conference in Tokyo gets underway

At the XRP Tokyo Conference, Ripple predicts that global on-chain stablecoin transaction volume will exceed $33 trillion in 2026, while large investors continue to withdraw XRP from exchanges, pushing its holdings to a 10-month high. The market is watching regulatory developments, especially the impact of the “CLARITY Act.” In the short term, the XRP price is consolidating between $1.28 and $1.35; if it breaks above $1.35, it may see an upward move.

MarketWhisper2h ago

Yesterday, U.S. spot XRP ETF recorded a total net inflow of $3.3202 million ($332.02 million) in a single day.

On April 7, XRP spot ETF recorded a net inflow of $3.3202 million in a single day. Among them, the Bitwise XRP ETF had the largest net inflow, at $1.9005 million; the Franklin XRP ETF recorded a net inflow of $1.4197 million. Currently, the total assets net asset value (NAV) of the XRP spot ETFs is $922 million, and the historical cumulative net inflows have reached $1.21B.

GateNews3h ago

XRP Stabilizes Near Key Levels Amid Fed Pressure and Rule Shift

Key Insights XRP stabilized near $1.31 as macroeconomic pressures and declining liquidity combined to limit recovery momentum and increase short-term volatility risks significantly. Proposed stablecoin regulations favor utility models, positioning RLUSD for growth while reducing incentives t

CryptoNewsLand7h ago

XRP Long Liquidations Jump as Crypto Market Loses $285M

Key insights XRP long traders lost $3.22 million in 24 hours, far exceeding short losses, as liquidation imbalance surged to 537% overall today. Although XRP rose 0.37% to $1.31, traders expecting a stronger rebound toward $1.50 instead faced rapid liquidations across exchanges

CryptoNewsLand11h ago
Comment
0/400
No comments