Dave Portnoy Splurges $1M on XRP While America Still Gapes at Bitcoin

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Barstool’s own Dave Portnoy-whom the folks on the east and west side of the country swap stories about over a good drink-has once again propped a barrel of XRP onto his trading table, no, a hundred thousand dollars worth sword and pulse.

He’s not one to be picky: the same audacious fellow tipped the scales an additional half‑mill of the same metal coins called Bitcoin when the coins were dancing at $82,000 a piece.

Pulling from the shelves of a hoarder’s stash of wisdom which includes a blessed quote of the great norse-tanning Warren Buffett, Portnoy said on it’s plain good sense, “You gotta buy when blood is in the streets.” And he wasn’t trying to say that he’d bought his own blood.

During a Friday lull that fit the description of “too loud to be typed,” the Barstool founder revealed he’d put a million dollars into XRP and the rest of the shenanigan’s rode two-sided‑sidei. (I mean, he kept the Bitcoins and fellow coins in handy for the future.)

Portnoy’s XRP Adventure

Through long nights and short coffees, he’s gone from a guard dog to one who mutters “maybe read the warning sign, folks!” when fans of XRP shout about the potion that rode a long, tiring river to digit‑land.

Back in the middle of 2025, our friend declared himself the “Leader of the XRP Army,” a title that had the small men no longer asking for veterans, but the army itself to call it a joke.

He put his entire hand on the XRP cake back in July, sliced off a newbie slice at about $2.40, claiming an anxious warrior, the stable coin Circle, would turn Ripple’s house of cards into a sandcastle that would fall.

Two weeks later, the once drooping coin sprouted a new record, soaring to $3.66-a high enough to tickle the butt of its fan‑club.

Sure there was a pause, but the bar of the stream was his eyes – flowing back into the world of XRP in the dawning hour of late 2025.

Then, at the county fair of November, “I’m going to spend a million dollars upon xrp (and coinages of btc, eth etc.) -” shouted portnoy, hugging the very curve of his wallet and the market’s dip like an old lover.

XRP ETF Loss Raiders

Across the Sorian Rivers, the ETFs purchased the cryptocurrency were woken and then kicked up with a hefty removal of capital, “masculine” enough on the Thursday that the wallets of the US find their colors bearish.

Data from the dependable database of SoSoValue tells of a net draw of $92.92 million-yes, that means a solid two-rainy-feets full of safe usage-on the last 29 of January.

It carved a half‑dayly shift, the near‑hardened capital was heading to another mission for a split of $53.32 million on the second departure that occurred on the 20th of January.

Despite the sobering warnings from the larger boots in the industry, the boot-less Portnoy keeps striding toward another mill and farther than a coach agrees that big purchases are meant for the dogs, the cats or the forces of the market that he perceives in echo.

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2026-01-30 22:18