{"id":40090,"date":"2025-07-18T17:30:32","date_gmt":"2025-07-18T15:30:32","guid":{"rendered":"https:\/\/www.coinpro.ch\/uncategorized\/xrp-ripple-explodes-but-a-star-investor-wants-to-cry\/"},"modified":"2025-08-11T10:45:41","modified_gmt":"2025-08-11T08:45:41","slug":"xrp-ripple-explodes-but-a-star-investor-wants-to-cry","status":"publish","type":"post","link":"https:\/\/www.coinpro.ch\/en\/news-en\/xrp-ripple-explodes-but-a-star-investor-wants-to-cry\/","title":{"rendered":"XRP (Ripple) Explodes \u2013 but a Star Investor \u201cWants to Cry\u201d"},"content":{"rendered":"<p>The crypto market is exploding \u2013 and a prominent investor is left empty-handed. Dave Portnoy, founder of the US sports portal Barstool Sports and known for his media-effective crypto excursions, has publicly admitted to missing one of the biggest opportunities of his career: the XRP boom. <\/p>\n<div class=\"row row-collapse align-middle row-comparison\"  id=\"row-552328372\">\n\n\n\t<div id=\"col-797659270\" class=\"col medium-3 small-6 large-3 small-col-first\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n  <div class=\"banner has-hover\" id=\"banner-810916242\">\n          <div class=\"banner-inner fill\">\n        <div class=\"banner-bg fill\" >\n                                                \n                    <\/div>\n\t\t\n        <div class=\"banner-layers container\">\n            <div class=\"fill banner-link\"><\/div>            \n\n   <div id=\"text-box-1928420212\" class=\"text-box banner-layer text-box-circle x50 md-x50 lg-x50 y50 md-y50 lg-y50 res-text\">\n                                <div class=\"text-box-content text dark\">\n              \n              <div class=\"text-inner text-center\">\n                  \n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_1861880868\">\n\t\t<a class=\"\" href=\"https:\/\/www.coinpro.ch\/Bitvavo-Aktion\" target=\"_blank\" rel=\"noopener\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1020\" height=\"340\" src=\"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-1024x341.png\" class=\"attachment-large size-large\" alt=\"\" srcset=\"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-1024x341.png 1024w, https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-300x100.png 300w, https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-768x256.png 768w, https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-1536x512.png 1536w, https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-2048x683.png 2048w\" sizes=\"auto, (max-width: 1020px) 100vw, 1020px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_1861880868 {\n  width: 100%;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_1840291337\">\n\t\t<a class=\"\" href=\"https:\/\/www.coinpro.ch\/Bitvavo-Aktion\" target=\"_blank\" rel=\"noopener\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_1840291337 {\n  width: 80%;\n}\n<\/style>\n\t<\/div>\n\t\n\n\n              <\/div>\n           <\/div>\n                            \n<style>\n#text-box-1928420212 .text-box-content {\n  background-color: rgb(255, 255, 255);\n  font-size: 100%;\n}\n#text-box-1928420212 {\n  width: 100%;\n}\n<\/style>\n    <\/div>\n \n\n        <\/div>\n      <\/div>\n\n            \n<style>\n#banner-810916242 {\n  padding-top: 99.99%;\n  background-color: rgba(255, 255, 255, 0);\n}\n<\/style>\n  <\/div>\n\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-797659270 > .col-inner {\n  padding: 15px 15px 15px 15px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1448494028\" class=\"col col-comparison-description medium-4 small-12 large-4\"  >\n\t\t\t\t<div class=\"col-inner text-left\"  >\n\t\t\t\n\t\t\t\n\n<p style=\"margin-bottom: 1em;\">Bitvavo, one of the leading exchanges from Europe (Netherlands) with a large selection of cryptocurrencies. PayPal deposit possible.  <strong>Limited time offer: \u20ac20 bonus when you sign up via CoinPro.ch<\/strong><\/p>\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1448494028 > .col-inner {\n  padding: 15px 0px 0 15px;\n}\n@media (min-width:550px) {\n  #col-1448494028 > .col-inner {\n    padding: 15px 0px 15px 15px;\n  }\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1179269734\" class=\"col col-comparison-stars medium-2 small-6 large-2 small-col-first\"  >\n\t\t\t\t<div class=\"col-inner text-center\"  >\n\t\t\t\n\t\t\t\n\n<p><span style=\"font-size: 200%;\"><strong>98%<\/strong><\/span><\/p>\n\n\n<span class=\"fsrs\"><span class=\"fsrs-stars\"><i class=\"fsrs-fas fa-fw fa-star \"><\/i><i class=\"fsrs-fas fa-fw fa-star \"><\/i><i class=\"fsrs-fas fa-fw fa-star \"><\/i><i class=\"fsrs-fas fa-fw fa-star \"><\/i><i class=\"fsrs-fas fa-fw fa-star \"><\/i><\/span><span class=\"hide fsrs-text fsrs-text__hidden\" aria-hidden=\"false\">5.0 out of 5.0 stars<\/span><span class=\"lining fsrs-text fsrs-text__visible\">5.0<\/span><\/span>\n\n<p><a href=\"https:\/\/www.coinpro.ch\/en\/reviews-en\/bitvavo-experiences-2025-the-crypto-exchange-under-review\/\">Read review<\/a><\/p>\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1179269734 > .col-inner {\n  padding: 15px 15px 15px 15px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1352856383\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner text-center\"  >\n\t\t\t\n\t\t\t\n\n<a href=\"https:\/\/www.coinpro.ch\/Bitvavo-Aktion\" target=\"_blank\" class=\"button primary box-shadow-2 expand no-margin\" rel=\"noopener\"  >\n\t\t<span>Sign up with a \u20ac20 bonus<\/span>\n\t<\/a>\n\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1352856383 > .col-inner {\n  padding: 15px 15px 15px 15px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n<\/div>\n<p><a href=\"https:\/\/x.com\/stoolpresidente\/status\/1946019449590403468\">In an emotional post on the platform X<\/a>, the entrepreneur complained that he had sold his XRP holdings before the altcoin began its rally. \u201cI could have made millions. I want to cry. And that&#8217;s despite the fact that I was considered a leader of the XRP community \u2013 now I don&#8217;t have a single token left\u201d, says Portnoy. <\/p>\n<h2>XRP Explodes \u2013 but a Star Investor \u201cWants to Cry\u201d<\/h2>\n<p>What looks like a sentimental outburst has a solid financial background. XRP rose by more than 19 percent within a few days, reaching a new annual high of $3.60. Portnoy, on the other hand, had already liquidated his position at $2.40 \u2013 out of concern about regulatory developments and under the impression of warnings about competition from the stablecoin issuer Circle. An expensive mistake that the otherwise self-confident investor can no longer undo.   <\/p>\n<p>Portnoy is not the only one who was caught on the wrong foot. The entire crypto world is currently on the upswing. <a href=\"https:\/\/www.coinpro.ch\/en\/current-prices\/bitcoin-price-rises-above-111000-market-reacts-bullish\/\">After breaking through the $112,000 mark for Bitcoin<\/a>, a general bull market set in on July 9. The market capitalization of the industry is now scratching the 4 trillion dollar mark. One reason for the upswing: <a href=\"https:\/\/www.coinpro.ch\/en\/current-prices\/crypto-market-explodes-after-the-success-of-crypto-week-in-the-usa\/\">New political signals from the USA<\/a>.   <\/p>\n<p><a href=\"https:\/\/www.coinpro.ch\/en\/current-prices\/crypto-market-explodes-after-the-success-of-crypto-week-in-the-usa\/\">The US Congress recently passed three laws<\/a> that are intended to strengthen the regulatory foundation for cryptocurrencies. Two of them go to the Senate, one directly to President Donald Trump \u2013 whose administration wants to make the USA the global center for digital assets. The resulting legal clarity is providing a massive boost of confidence among institutional and private investors alike.  <\/p>\n<script type=\"text\/plain\" data-tcf=\"waiting-for-consent\" data-id=\"20572\" data-bid=\"1\" data-placement=\"33872\">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<\/script><h2>Dave Portnoy Had Actually Never Understood the Ripple Coin<\/h2>\n<p>XRP benefits from this in particular. According to data from CoinGlass, the volume of open positions in XRP futures has risen to a historic high of 8.8 billion US dollars \u2013 around 2.9 billion XRP are tied up in it. The previous record of 8.3 billion dollars was set in January, shortly before Trump took office.  <\/p>\n<p><strong>Interesting:<\/strong> <a href=\"https:\/\/www.coinpro.ch\/en\/current-prices\/altcoin-season-on-the-horizon-these-coins-are-exploding-right-now\/\">Altcoin Season on the horizon? These coins are exploding right now <\/a><\/p>\n<p>The number of so-called \u201cXRP whales\u201d is also increasing. Wallets with more than one million XRP tokens now total around 47.32 billion tokens. This indicates long-term confidence and strategic accumulation \u2013 despite or precisely because of the volatile price developments.  <\/p>\n<p>While some are now quietly cashing in, Portnoy is left with nothing but a digital shrug. At the Consensus 2025 conference, he admitted that he had never really understood XRP and had only invested out of fear of missing out. It is precisely this behavior that repeatedly misleads even experienced investors \u2013 especially in the unpredictable crypto cosmos.  <\/p>\n<p><strong>Already heard?<\/strong> <a href=\"https:\/\/www.coinpro.ch\/en\/ethereum-en\/ethereum-why-paypal-founder-peter-thiel-is-betting-on-eth\/\">Ethereum: Why PayPal founder Peter Thiel is betting on ETH<\/a><\/p>\n<p>For XRP, on the other hand, the future looks bright. The prospect of regulatory certainty, rising user numbers and a flourishing derivatives market make the currency one of the most exciting assets of the current crypto rally. Anyone who gets out too early not only misses out on returns \u2013 but possibly also on history. (mck)   <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The crypto market is exploding \u2013 and a prominent investor is left empty-handed. Dave Portnoy, founder of the US sports portal Barstool Sports and known for his media-effective crypto excursions, has publicly admitted to missing one of the biggest opportunities of his career: the XRP boom. In an emotional post on the platform X, the&#8230;<\/p>\n","protected":false},"author":20,"featured_media":38673,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17325],"tags":[17773],"class_list":["post-40090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-xrp-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>XRP (Ripple) Explodes &ndash; but a Star Investor &ldquo;Wants to Cry&rdquo; - CoinPro.ch<\/title>\n<meta name=\"description\" content=\"Dave Portnoy got out &ndash; at exactly the wrong moment. 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While XRP is going through the roof, the star investor is left empty-handed.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.coinpro.ch\/en\/news-en\/xrp-ripple-explodes-but-a-star-investor-wants-to-cry\/\" \/>\n<meta property=\"og:site_name\" content=\"CoinPro.ch\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/coinpro.ch\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-18T15:30:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-08-11T08:45:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2025\/03\/SEC-vs-Ripple-Klage-endet-mit-Sieg-fuer-XRP-Das-steckt-dahinter-Titelbild.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1334\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"M. 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