Dave Portnoy, a well-known crypto day trader, has publicly announced that he has invested $1 million in XRP. He made the announcement during his day trading livestream where he discussed the bearish market conditions and emphasized that it is the best time to buy crypto assets when there is "blood on the streets." Portnoy questioned the correlation between the crypto market's reaction to Donald Trump's tariff impositions and described the market downturn as a short-term move with significant opportunities. He urged others to strategically buy into the red market. Portnoy backed up his words by investing an additional $1 million in XRP during his livestream, and it has already proven to be a successful move as the price of XRP has risen since the announcement. At the time of the disclosure, XRP was trading around $2.40, and it has since seen an 11% gain, reaching a high of $2.78 before retracing slightly. This investment increases Portnoy's total holdings of XRP to around $2.3 million.



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