Dave Portnoy Says ‘I Want To Cry’ After Selling XRP Token Before New 7-Year Highs
Barstool Sports founder Dave Portnoy is known for his opinions on sports. In recent years, he also became well known for his opinions about the cryptocurrency sector. He recently sold his stake in XRP (CRYPTO: XRP) and missed out on millions of dollars.
What Happened: Portnoy, who was known to invest in altcoins earlier this year, shared back in December that he held $1.3 million in XRP Token and $1.5 million in Bitcoin (CRYPTO: BTC). The investor said he planned to set the investments and forget them.
Fast forward to July 2025 and Portnoy recently admitted in a video shared July 17 that he sold his XRP at around $2.40.
Portnoy said XRP was going from $2.10 to $2.40, back to $2.10, back to $2.40. A crypto analyst who has given Portnoy advice texted and said he didn’t like what XRP was doing and thought that Circle Internet Group (NYSE:CRCL) and the competition in the stablecoin space could be bad news for XRP.
The Barstool Sports founder said he had close to $3 million in XRP and decided to sell it when it went back up to $2.40.
“I wasn’t going …
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