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Crypto Prune > News > Crypto > Altcoins > Long-term investor places $1,000,000 XRP order at $1
Altcoins

Long-term investor places $1,000,000 XRP order at $1

1 hour ago 5 Min Read

A famous early Bitcoin investor is making a bold bet $XRP Markets are reeling from the sharpest correction in months.

Investor Pampius publicly disclosed his Bitcoin purchases in 2013, revealing that he had placed a $1 million buy order for Bitcoin. $XRP For just $1. This move suggests he is aiming for a deeper position $XRP Price flash.

Important points

  • Early Bitcoin Investor Sets $1 Million $XRP When the market sells, place a buy order for $1.
  • Pumpius’ $1 million Bitcoin order was filled at $66.5,000. $XRP Orders remain open
  • $XRP Debate over $1 retest reignites as it falls nearly 70% from its peak
  • Some analysts see the decline as short-lived, while others warn of further declines.

1 million dollars of Bitcoin and $XRP order

In a post shared on X today, Pampius said he had placed two aggressive limit orders. One for Bitcoin and one for Bitcoin. $XRP.

According to his tweet, he placed an order to buy $1 million worth of Bitcoin for $66,500 and $1 million worth of Bitcoin for $66,500. $XRP For $1.00. He even urged his followers to bookmark the call.

Shortly after, he confirmed that his Bitcoin order had already been filled, even as Bitcoin orders had plummeted over the past day, reaching $60,000 at one point. of $XRP However, for now the order has not yet been filled.

end. ☑️

— Pumpius (@pumpius) February 5, 2026

What’s notable is that Pumpius first revealed that he was betting $1 million. $XRP Buy order for December 2025 $XRP It was trading at more than $2. today, $XRP It’s pretty close to the $1 level.

See also  The XRP ETF approval odds are nearly 100%. Could this be a catalyst for a $5 price explosion?

$XRP Selling accelerates and falls to $1.11

Over the past 24 hours. $XRP has fallen to around $1.11, a daily decline of 26%, and losses widened to 32% over the past week.

From July’s high of $3.66, $XRP is currently down about 70%, in what many traders are calling a historic correction. The sudden weakening has reignited debates such as: $XRP There is a possibility that the dollar level, which is psychologically important, will be revisited temporarily.

Zack Rector: “The drop below $1 may be temporary”

$XRP YouTuber and community commentator Zach Rector also weighed in on the decline. he believes $XRP It is possible that the price could drop below $1 temporarily, but they argue that such a move may not last long.

Rector said he has already prepared a buy order through brokerage firm Caleb & Brown. This suggests that some market participants view the continued decline as an opportunity to accumulate ahead of the next uptrend.

$XRP It’s possible that it will drop below $1, but I don’t think it will stay that way for long. Your order is currently being prepared at Caleb and Brown ✅

— Zach Rector (@ZachRector7) February 5, 2026

Past crashes shaped trader strategies

An experienced trader is $XRPA sharp but short history of crashes. In past crashes like October 2025, $XRP It fell sharply before quickly rebounding, rewarding traders who had placed deep limit orders.

This seems to be Poumpius’ initial strategy. This move comes amid heightened fear across the market, with the Crypto Fear Index currently sitting at just 5, highlighting the extreme fear across the market.

See also  When Coinbase's "Socialfi" fires Zora Boom, the base takes Solana's crown with token creation

Amid heightened volatility, traders remain divided between expecting further declines or quietly bracing for a rebound.

intention $XRP Do you actually print $1?

At the time of writing, $XRP Bitcoin has recovered above $1 to around $1.30, with Bitcoin trading near $65,000. On the other hand, some analysts believe that further decline to $0.50 is likely to continue. $XRP.

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