✨ 94% of $XRP Wallets in Profit – History Repeats or a New Chapter?
Fresh data from Glassnode shows that nearly 94% of XRP holders are in profit, one of the highest levels ever recorded. Historically, such profitability has triggered massive sell-offs – in 2018, XRP peaked at $3.30 before crashing 95%, and in 2021, it hit $1.95 before tumbling 85%.
⚠️ The Risk: When nearly everyone is in profit, someone eventually sells. Analyst Winny warns this moment looks like climbing a mountain – the higher you go, the thinner the air.
🚀 Why This Time Could Be Different:
Whale accumulation is at record highs, with wallets holding 1M+ XRP climbing sharply.
Network activity is booming with 225K+ daily active addresses, the most in 3 years.
Technical setup shows XRP consolidating near $3.05 – a breakout could fuel a run toward $6+.
📉 If support fails, downside toward $2.40 remains in play. But bullish momentum and on-chain signals suggest XRP might avoid the catastrophic drops of the past.
Are you bullish or cautious on $XRP at this stage?
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