Long-Time Investor Sets $1,000,000 XRP Order at $1

A well-known early Bitcoin investor is making a bold bet on XRP as the market reels from one of its steepest corrections in months.

Pumpius, an investor who has publicly disclosed buying Bitcoin as early as 2013, revealed that he has placed a $1 million buy order for XRP at exactly $1. The move suggests he is positioning for a deeper XRP price flush.

Key Points

• Early Bitcoin investor sets a $1M XRP buy order at $1 as the market sells off
• Pumpius’ $1M Bitcoin order filled at $66.5K, while the XRP order remains open
• XRP plunges nearly 70% from its peak, reigniting debate over a $1 retest
• Some analysts see the dip as brief, while others warn of further downside

$1M Bitcoin and XRP Orders

According to his tweet, he set orders to buy $1 million worth of Bitcoin at $66,500 and $1 million worth of XRP at $1.00. He even urged his followers to bookmark the call.

Shortly after, he confirmed that his Bitcoin order had already filled as BTC dipped sharply over the past day, briefly touching $60,000. The XRP order, however, remains unfilled for now.

Notably, Pumpius first disclosed placing a $1 million XRP buy order in December 2025, when XRP was trading above $2. Today, XRP is much closer to the $1 level.

XRP Slides to $1.11 as Sell-Off Accelerates

Over the past 24 hours, XRP dropped to around $1.11, marking a 26% daily decline and extending losses to 32% over the past week.

From its July peak of $3.66, XRP is now down roughly 70%, placing it in what many traders are calling a historic correction. The sudden weakness has reignited debate over whether XRP could briefly revisit the psychologically important $1 level.

Zach Rector: A Dip Below $1 May Be Brief

XRP YouTuber and community commentator Zach Rector weighed in on the decline. He believes XRP could momentarily fall below $1, but argues such a move may not last long.

Rector revealed that he is already preparing buy orders through brokerage firm Caleb & Brown. This suggests some market participants are treating the ongoing drop as an accumulation opportunity ahead of the next uptrend.

Past Crashes Shape Trader Strategy

Experienced traders are drawing confidence from XRP’s history of sharp but brief crashes. In previous sell-offs, such as one in October 2025, XRP dumped heavily before rebounding quickly, rewarding traders who had deep limit orders in place.

This appears to be the strategy Pumpius is positioning for early. The move comes as broader market fear grows, with the crypto fear index now sitting at just 5, highlighting extreme fear across the market.

As volatility rises, traders remain divided between expecting another leg down and quietly preparing for a rebound.

Will XRP Actually Print $1?

At the time of writing, XRP remains above $1 and has rebounded to around $1.30, while Bitcoin trades near $65,000. Meanwhile, some analysts believe a deeper dip to $0.50 remains on the table for XRP.