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A veteran Bitcoin investor is once again drawing attention to $XRP after reaffirming that the token remains his biggest altcoin position.
Michael XBT, a Bitcoin investor since 2014, disclosed that $XRP continues to be his largest altcoin holding. He explained that even through the recent market correction, his publicly disclosed $XRP buys have increased nearly tenfold compared to earlier periods.
According to Michael, his early $XRP accumulation was widely mocked at the time. However, those purchases ultimately outperformed critics who doubted the asset’s long-term potential.
$150,000 $XRP Buy Before the Breakout
Michael revisited a post from September 2022, when he revealed a $150,000 $XRP purchase at around $0.33. That disclosure came alongside technical analysis suggesting $XRP was breaking out against Bitcoin after forming a long-term macro falling wedge.
In the days that followed, he went on to accumulate thousands more $XRP across multiple transactions.
At the time, $XRP sentiment remained weak, with price action still compressed after years of underperformance. Meanwhile, $XRP’s price today is vastly different from where it stood when Michael committed $150,000.
Specifically, $XRP is now trading around $2.25, up roughly 20% over the past week. The move marks a continued recovery after more than six months of bearish pressure, following a previous cycle peak near $3.66.
Michael believes the recent cooldown has reset market positioning and opened the door for further upside. He believes that the structure favors $XRP over the longer term.
Track Record: Bitcoin and $XRP Calls That Played Out
Michael is known in crypto circles for accurately identifying major Bitcoin bottoms and long-term $XRP setups.
In April 2025, with Bitcoin trading near $82,000 during a market dip, he shared a roadmap projecting a move beyond $100,000. His analysis pointed to a $112,000–$116,000 range, which later materialized before Bitcoin went on to print a new all-time high at $126,200 in 2026.
In a July tweet, Michael celebrated the target as complete and marked the end of that trade. “Retired. Thanks for playing,” he tweeted.
Retired.
Thanks for playing. https://t.co/vSNvzeXo68 pic.twitter.com/mDCrzLTKAS
— Crypto Michael (@MichaelXBT) July 11, 2025
On $XRP, he highlighted a historic setup back in July 2024, pointing to what he described as a rare seven-year bull pennant — something he said he had never seen in his trading career.
At the time, $XRP was trading near $0.58. The breakout followed months later, with $XRP surging to around $3 by January 2025.
“Impatience Is the Real Cost”
During $XRP’s correction in November 2025, Michael argued that fading confidence was part of a wealth transfer from impatient holders to long-term investors. He noted that $XRP had already delivered an 800% move from earlier levels and suggested the pullback was setting the stage for another surprise move.
With $XRP now stabilizing above $2 and sentiment slowly rebuilding, his latest conviction suggests a major move may still lie ahead. Among his near-term targets is for $XRP to approach the $3 level once again.
$XRP call playing out perfectly
I hope you listened https://t.co/YTJQkkeUt8 pic.twitter.com/fowi7IZzpa
— Crypto Michael (@MichaelXBT) January 5, 2026