Sell Order: Analyst Lists One XRP For $1,000. Here’s What Really Happened

An XRP enthusiast and market analyst, Diep Sanh, has stirred discussion within the XRP community after publicly placing a sell order to exchange 1 XRP for $1,000. Despite the current market downturn, Sanh maintains that at some point in the future, someone will meet that ￰0￱ the time of his statement, XRP was still trading near $3, making his optimistic price target a symbolic reflection of his long-term belief in the asset. However, since early October, XRP has faced notable price ￰1￱ token, which was valued at $3.10 on October 2, now trades around $2.35 , representing a 25% decline in just two weeks and marking its lowest point in four months.

Sanh’s $1,000 XRP Sell Order Sanh shared a screenshot of his sell order showing his intent to sell 1 XRP for 1,000 ￰2￱ to him, the order represents his conviction that XRP’s value could one day reach the $1,000 mark , a milestone many analysts consider unrealistic. “One day, someone will pay $1,000 for 1 XRP,” he stated confidently, suggesting that the digital asset’s potential has not yet been fully ￰3￱ a sell ￰4￱ day, someone will pay $1,000 for 1 XRP ￰5￱ — BD (@DiepSanh) October 6, 2025 His post quickly generated attention within the community, drawing mixed ￰6￱ praised his confidence, while skeptics questioned the practicality of such a price level given XRP’s current market ￰7￱ those who responded was Wietse Wind, a key developer in the XRP ecosystem and founder of ￰8￱ pointed out that for a $1,000 order to be filled, the XRP Ledger’s automated market maker (AMM) and order book would first need to clear all existing orders between the current price and that ￰9￱ the XRP Ledger Processes Orders Wind explained that the XRP Ledger (XRPL) operates differently from centralized exchanges like ￰10￱ of directly matching buy and sell orders at fixed prices, the XRPL prioritizes orders based on the most competitive available ￰11￱ means that any order at $1,000 would remain inactive until every lower-priced sell order, such as those at $3, $10, or $100, had been ￰12￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Given this mechanism, Wind concluded that a single XRP token can’t be purchased at $1,000 under current market conditions, emphasizing that the order book would need to clear sequentially before such a trade could ￰13￱ Context Around the $1,000 Price Target Despite criticism, Sanh has repeatedly expressed confidence that XRP could one day reach the $1,000 threshold, though he acknowledges this might take ￰14￱ past discussions, he referenced 2030 as a possible timeframe for such a scenario, though no technical or fundamental evidence supports this projection.

Interestingly, other XRP advocates have echoed similar long-term ￰15￱ Ripple’s recent acquisition of GTreasury, aimed at enhancing its liquidity management capabilities, community analyst XFinanceBull suggested that the move could strengthen XRP’s long-term value outlook and, in theory, pave the way toward significantly higher price ￰16￱ context, an XRP price of $1,000 would imply a 43,000% increase from its current market value of about $2.35, resulting in a market capitalization of tens of trillions of dollars, figures that far exceed the total size of the global cryptocurrency market. Sanh’s post reflects a recurring theme in crypto communities: the belief that breakthroughs could redefine asset valuations in the long ￰17￱ : This content is meant to inform and should not be considered financial ￰18￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰19￱ are urged to do in-depth research before making any investment ￰20￱ action taken by the reader is strictly at their own ￰21￱ Tabloid is not responsible for any financial ￰22￱ us on Twitter , Facebook , Telegram , and Google News