Dave Portnoy’s XRP Dump: The Regret and Claims

In a recent video posted on X, Levi Rietveld of Crypto Crusaders addressed statements made by Barstool Sports founder Dave Portnoy regarding XRP. The exchange has brought renewed focus to Portnoy’s involvement with cryptocurrency and his claim of being the leader of the XRP army. Portnoy recently admitted he no longer holds XRP . In the clip shared by Rietveld, Portnoy explained that he sold his holdings at $2.40 after being advised by a third party who expressed concerns about competition from Circle. Following his sale, XRP climbed to a new all-time high of $3.65, leaving Portnoy regretful. “It’s up 60% since I sold it, and I would have made millions. I want to cry, and I don’t own it anymore,” Portnoy said. Dave Portnoy’s #XRP Dump!! pic.twitter.com/wimwJKqFFH — Levi | Crypto Crusaders (@LeviRietveld) July 19, 2025 Rietveld Refutes Portnoy’s Leadership Claims Rietveld, a respected voice in the XRP community, was direct in his criticism. He rejected Portnoy’s self-appointed role as the “leader” of XRP supporters, arguing that such a position is incompatible with selling during a crucial period. Prominent XRP advocates have consistently advocated for holding the token , as its value extends beyond speculative trading. However, Portnoy’s decision to sell reveals that he was not invested for the long run as true XRP believers are, but was looking for a way to turn a quick profit. “You’re not the leader of the XRP army if you’re selling at $2.40,” Rietveld stated, highlighting the importance of conviction during a time when multiple bullish catalysts are coming together to boost the asset’s price. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 A Call for Informed Holding Rietveld also noted that Portnoy’s decision was based on listening to individuals “who have no idea what they’re talking about,” rather than focusing on the broader developments around XRP. Rietveld referenced the anticipated influx of trillions in liquidity and other positive factors that have strengthened XRP’s position in the market. Portnoy’s situation highlights a major challenge faced by investors navigating volatile markets. His acknowledgment of missing out on significant gains reflects a common experience for traders reacting to external opinions rather than long-term fundamentals. Portnoy never held any leadership roles within the XRP army. Although he has previously advocated for XRP, even calling it the next Bitcoin , his decision to sell so early has called his so-called conviction into question. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Dave Portnoy’s XRP Dump: The Regret and Claims appeared first on Times Tabloid .

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