tldr; Over 41% of XRP’s circulating supply, equivalent to 26.5 billion tokens, is currently held at a loss, as many investors bought at higher prices during bullish phases. XRP’s profitability has dropped to its lowest since November 2024, with the token trading at $2.18, down 2.41% in the last 24 hours. A large pool of underwater supply poses risks to price stability, and analysts suggest XRP needs to break above $2.70 to stabilize. Technical indicators show weakening trends, with potential for further price declines if recovery efforts fail.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
The_Only_Squid on
Thank you bag holders <3
kitbiggz on
Buy high Sell low.
EscapeFacebook on
Fuck… thats rough.
SmileOk1306 on
Can confirm
ColdOverYonder on
I remember all those bullish posts projecting that XRP would be at $10-20 by the end of this year. I guess they’re quiet now.
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Bought at 0.50.
tldr; Over 41% of XRP’s circulating supply, equivalent to 26.5 billion tokens, is currently held at a loss, as many investors bought at higher prices during bullish phases. XRP’s profitability has dropped to its lowest since November 2024, with the token trading at $2.18, down 2.41% in the last 24 hours. A large pool of underwater supply poses risks to price stability, and analysts suggest XRP needs to break above $2.70 to stabilize. Technical indicators show weakening trends, with potential for further price declines if recovery efforts fail.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Thank you bag holders <3
Buy high Sell low.
Fuck… thats rough.
Can confirm
I remember all those bullish posts projecting that XRP would be at $10-20 by the end of this year. I guess they’re quiet now.