Senior Bitcoin investor bets on XRP again: from ridicule to 800% gains

Source: CryptoNewsNet Original Title: Longtime Bitcoin Investor Says I Outperform All Doubters with My XRP Holdings Original Link:

Investor with Heavy XRP Positions Speaks Out Again

A seasoned Bitcoin investor since 2014, Michael XBT, recently reaffirmed that XRP remains his largest altcoin position. He disclosed that even during recent market corrections, his publicly disclosed XRP purchases have increased nearly tenfold compared to early days.

Michael stated that his early accumulation of XRP was met with ridicule at the time. However, these buys ultimately surpassed the critics who doubted the asset’s long-term potential.

$150,000 Buy Before Breakout

Michael revisited a post from September 2022, when he bought $150,000 worth of XRP at around $0.33. This disclosure was accompanied by technical analysis indicating XRP breaking out against Bitcoin after forming a long-term macro descending wedge.

In the following days, he continued accumulating thousands of XRP through multiple trades.

At that time, XRP sentiment was weak, and the price remained suppressed after years of poor performance. Today, XRP’s price is very different from when Michael invested $150,000.

Specifically, XRP is currently trading at about $2.25, up roughly 20% over the past week. This rally marks a continued recovery after over six months of bearish pressure, with previous cycle highs near $3.66.

Michael believes the recent cooling has reset market positions, opening the door for further gains. He is confident that the long-term structural outlook favors XRP.

Track Record: Realized Bitcoin and XRP Predictions

Michael is known in the crypto space for accurately identifying major Bitcoin bottoms and long-term XRP setups.

In April 2025, as Bitcoin traded near $82,000 during a market dip, he shared a roadmap predicting the price would surpass $100,000. His analysis pointed to a range of $112,000 to $116,000, which was later achieved, with Bitcoin reaching a record high of $126,200 in 2026.

In a July tweet, Michael celebrated the achievement of his target and marked the end of the trade.

Regarding XRP, he emphasized a historic setup in July 2024, pointing out what he called a rare seven-year bull flag — a pattern he said he had never seen in his trading career.

At that time, XRP was trading close to $0.58. The breakout occurred months later, with XRP soaring to around $3 by January 2025.

“Lack of patience is the real cost”

During the XRP correction in November 2025, Michael argued that declining confidence was part of a transfer of wealth from impatient holders to long-term investors. He noted that XRP had risen 800% from early levels and hinted that the pullback was setting the stage for another unexpected move.

With XRP now stabilizing above $2 and sentiment slowly rebuilding, his latest conviction suggests a major move may still be ahead. One of his near-term targets is for XRP to once again approach the $3 level.