Just a few days after Dave Portnoy said “no more comments.” Selling his XRP stash Before the recent price surge, the founder of the Barstool sports discussed further about his moves Daily “Davey Day Trader Global” streamShare more about misplay.
Last week, Portnoy said he missed “millions of dollars” by selling his bags. XRP At the price of $2.40 – not long before the value of ripple-related cryptocurrencies surged; The highest price ever $3.65 per data from last week Co Ringecko.
On Monday, Portnoy provided details on why he sold the XRP bag, explaining that the coins were in the range between $2.10 and $2.40, and that “XRP Guy,” his “XRP Guy” told him to buy the coins first, was getting uncomfortable about the USDC Stablecoin Issuer Circle.
I blame my $xrp guy for texting me to say he didn’t like it anymore
– Dave Portnoy (@stoolpresidente) July 21, 2025
“He said, ‘Hey, it’s not good news that the circle is trying to do what XRP is doing,” Portnoy said. “I really don’t know what he’s talking about.”
It is unclear exactly what his “XRP Guy” is talking about, but Portnoy took it as a sign to sell his XRP shares.
And XRP has skyrocketed.
“As soon as I sold it quickly, things became parabolic,” he said. “It’s like $3.50. I blinked. (It) I got sick in my stomach. But what are you going to do?”
XRP broke the 7-year-old’s price peak last Thursday by $3.40, building momentum that began after President Trump’s election victory in November. Assets are also increasing Interest from ETF issuers Equity-based funding launches and imminent conclusions SEC’s long-term lawsuit against Ripple.
Ripple’s co-founder also created XRP cryptocurrency, and over the years the company has sold a large number of stashes, up to billions of dollars of adjustment. The SEC sued Ripple in late 2020, pleading a securities violation, but the parties settled in court and Ripple would have to pay a relatively small fine.
The XRP priced at $3.60, roughly coinciding with its current highest mark of $3.65 on Monday morning.
In a clip shared with his X account, Portnoy pointed out that he is “still doing good things” Bitcoin and Ethereum As for investment, I admitted that XRP mistakes are “harmful”
Portnoy has a long history of sharing misplays of his crypto investment, including saying that in 2021 He says, “I messed up Bitcoin.” After dipping, by panic wrapping around his stash.