Dave Portnoy, the Barstool Sports founder, sold his XRP holdings at a price of 2.40 USD. Shortly after, XRP soared to 3.65 USD, which he later regretted when realizing he missed millions in potential gains.
The surge in XRP’s value was aided by broader market trends and the resolution of Ripple’s legal issues. Portnoy’s advisor’s warnings about Circle’s competition influenced his decision to sell, causing him to reflect on his missed opportunity.
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