Leading $XRP voice King Solomon signals exit after 7 years, citing opportunity cost

King Solomon, a prominent figure in the XRP community known by his handle @IOV_OWL, has indicated that he plans to exit his entire XRP position after holding for seven years. He explained that his decision is driven by the high opportunity cost and a sense of fatigue from enduring extended market uncertainty. Solomon’s announcement followed a video post from influential XRP advocate Mason Versluis. In the video, Versluis asserted that most XRP holders would cash out their positions well before the asset could ever reach $1,000, suggesting that few would withstand the volatility necessary to realize such ambitious targets. Versluis challenged doubters of XRP’s long-term outlook, arguing, “You won’t even be able to hold to $1,000 per XRP. You’re gonna see your money grow so insanely big.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to CoinTurk News.