A well-known pseudonymous trader, who goes by the name “A Knowing Faith” on X, has made waves in the crypto community by announcing a significant portfolio shift. He revealed that he sold 35% of his XRP holdings, specifically the portion he had set aside for short-term trade, and reinvested the entire amount into Flare Network (FLR). His rationale is clear: with FLR’s market cap around $1.5 billion, the upcoming launch of FXRP, and already established institutional relationships, he believes the token is positioned to massively outperform XRP in the short term. According to “A Knowing Faith,” the remaining XRP in his portfolio is his long-term hold, intended to be held for years. He now plans to stake this XRP through the Flare Network to earn passive income, while allowing it to appreciate slowly over time. I just sold 35% of my $XRP bag. Essentially all of the $XRP I had left for short term sales. And put it into $FLR there is just ZERO chance that $FLR at one billion market cap with FXRP launching this month and institutional use pre established does not wildly out perform $XRP in… pic.twitter.com/YvWcSYIW8q — A Knowing Faith (@ImmovableFaith1) August 2, 2025 In contrast, he views FLR as the “superstar of this cycle,” arguing that its multi-year consolidation triangle is nearing completion, which could signal an explosive breakout. XRP: A Heavyweight Facing Short-Term Struggles As of report time, XRP is trading around USD 2.80, with a market capitalization of approximately $165 billion and a 24-hour trading volume between $6 $7 billion. While XRP remains a dominant player in the crypto market, the price has struggled to stay above key resistance levels, especially the psychological $3 mark. Recent on-chain data and whale movements have cast a bearish shadow over the asset. One major headline this week was a $175 million XRP transaction linked to Ripple co-founder Chris Larsen, which triggered speculation about insider selling. Coupled with falling leverage and significant net outflows, analysts now warn that XRP could fall toward the $2.50 range unless bulls reclaim higher ground above $3.17. While the long-term fundamentals remain intact, XRP’s short-term trajectory appears uncertain. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 FLR: Positioned for a Breakout By contrast, Flare Network (FLR) is currently trading at $0.0222, with a market cap of about $1.54 billion and daily trading volume of around $15 million. Though smaller in scale, FLR has seen steady development progress and ecosystem growth. Its dual architecture, featuring the State Connector for cross-chain data and the Flare Time Series Oracle (FTSO, gives it a unique edge among smart contract platforms. The highly anticipated launch of FXRP , a tokenized version of XRP on the Flare Network, is expected to unlock new use cases and boost network activity. This forms the backbone of “A Knowing Faith’s” bullish thesis. He argues that FLR’s lower market cap and imminent utility expansion make it far more attractive for short-term gains compared to XRP. Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post This Trader Just Dumped 35% of His XRP Bag. Here’s Why appeared first on Times Tabloid .
