Longtime Bitcoin investor Pumpius has placed limit orders to purchase 1,000,000 XRP tokens at $1 each, anticipating a potential flash crash. This strategic move follows warnings from PhoenixReborn's founder about a possible market downturn. Currently, XRP is trading at $2.04, with no crash yet observed. Pumpius, who entered the Bitcoin market in 2013, seeks to capitalize on a rebound if XRP's price falls significantly. This cautionary approach comes after a 56% flash crash in October 2025 and concerns from trader Peter Brandt about a potential 75% Bitcoin correction. Other major investors, including Dave Portnoy, have also been buying XRP during recent market dips.
Bitcoin Investor Sets $1 Limit Orders for 1 Million XRP Amid Crash Concerns
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