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Over 99% of XRP holders are in profit
Fresh on-chain data from on-chain analytical platform Glassnode shows that 99.6% of XRP's circulating supply is sitting in profit, meaning that hardly anyone wants to sell at a loss. This figure highlights the substantial price hikes XRP has undergone over the past weeks, rising to $3.64 at one point. XRP investor sentiment has also reached the verge of euphoria; the percentage of supply in profit is currently near an 18-month high. This spike is occurring as both futures open interest and 24-hour trading volumes have rapidly increased simultaneously, suggesting that it is not just retail investors who are getting ... (full story)