Veteran Trader Peter Brandt: XRP Bulls Are the ‘Easiest to Trick’ I’ve Seen in 50 Years
A strong controversy revolves around legendary trader Peter Brandt, who stated that in his 50 years of experience, no group of investors has been easier to “bait” than silver and XRP bulls. The veteran, who has been trading since 1975, questioned the obsession of Ripple’s so-called “perma-bulls,” noting that their extreme optimism often clouds technical judgment in the face of market realities.
In my history of trading since 1975 (when Silver was at $5), no group of traders has been more easily baited than XRP and Silver bulls?
What does this say about them? Any theories?
— Peter Brandt (@PeterLBrandt) December 29, 2025
Despite the XRP price today showing a significant correction, trading around $1.86 with a 14% annual decline, the community’s conviction remains unwavering. This phenomenon occurs while XRP ETFs record net inflows of $64 million, contrasting with outflows from Bitcoin and Ethereum funds, highlighting a divergence between retail sentiment and institutional interest.
The crypto community will be watching to see if the XRP price today manages to consolidate its current levels after retreating from its high of $3.66 reached in July. While Brandt warns about overconfidence, the flow of institutional capital into ETFs will be the key indicator to determine if holders’ conviction is justified or if the asset will face further corrections.
Source: https://x.com/PeterLBrandt/status/2005633227940377087
Disclaimer: Crypto Economy Flash News is prepared from official and public sources verified by our editorial team. Its purpose is to quickly inform about relevant facts in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.
Filed under: News - @ December 29, 2025 9:28 pm