According to Glassnode, early XRP investors are starting to cash out, realizing significant profits after years of holding.
However, retail demand remains strong, helping XRP maintain its position above the critical $2 mark despite this wave of profit-taking.
This signals a changing holder dynamic, where long-term players are offloading to enthusiastic newer entrants — a trend often seen in maturing bull markets.
Key Takeaway:
Watch for sustained retail interest and volume support at $2. If this level holds, XRP may attempt another leg up despite ongoing early-investor distribution.
