BTC Below $90K ā ļø XRP Near Lows ā ļø ETH Under $3K
Market fear is back⦠and so is Dave Portnoy, with another massive crypto bet.
While many panicked during the sharp November 17 sell-off, Portnoy says he smelled opportunity ā and went shopping like a āpiranha.ā
š° Portnoy Buys the Dip: Over $2M in Crypto
On Nov. 18, Portnoy revealed he bought:
$1,000,000 in XRP$750,000 in Bitcoin (BTC)$400,000 in Ethereum (ETH)
He described the move as taking advantage of the ālittle dip,ā even as the entire market flashed red.
His timing comes right after:
š» BTC crashed below $90K for the first time in 6 months
š» XRP dipped to $2.12 before bouncing
š» ETH briefly fell under $3,000
š A Market in Panic Mode
The Nov. 17 correction hit hard following weeks of macro uncertainty and warnings of an overheated AI-driven rally.
Analysts say Bitcoinās 2025 narrative temporarily collapsed, causing major selling pressure across the board.
XRP and ETH both dropped to multi-week lows before stabilizing.
š Portnoyās XRP History: A Painful Lesson
This isnāt the first time Portnoy has made headlines with XRP.
Earlier this year, he sold at $2.40 ā right before the token exploded to $3.66 ATH, costing him millions in potential gains.
He later admitted he listened to the wrong advice.
This time, he says heās trusting his instincts.
š„ What Portnoy Said
In his latest video, he claimed:
āLast night I bought $2 million worth of crypto ā $1 million of XRP, $750K in BTC, and $400K in ETH. Blood in the streets Dave is like a piranha.ā
But shortly after his purchase, the market continued sliding:
BTC under $89K
XRP back to $2.04
ETH red again below $3,000
š Is This a Smart Dip Buy or Another Mistake?
Portnoyās aggressive move raises the big question:
Is this the bottom⦠or just the beginning of more volatility?
With BTC volatility rising and altcoins hitting key support zones, the market is at a critical point.
š£ļø Whatās YOUR Take?
Do you think Portnoyās $1M XRP buy was genius or reckless?
Will XRP or BTC bounce first?
Drop your thoughts below šš„
#XRP #BTC #ETH #DavePortnoy #BuyTheDip