#HoldXRP
94% of XRP holders are in profit: Has the price topped?
XRP price could drop by over 20% in the coming weeks due to multiple onchain indicators hinting at a local top formation.
Key takeaways:
XRP’s rally to $3 has pushed 94% of supply into profit, a level that historically marked macro tops.
XRP is in the “belief–denial” zone, onchain metrics show, echoing peaks in 2017 and 2021.
rally to over $3 has pushed nearly 94% of its circulating supply into profit, Glassnode data shows.
As of Sunday, XRP’s percent supply in profit was 93.92%, underscoring strong investor gains as the cryptocurrency rallied by more than 500% in the past nine months to $3.11 from under $0.40
