41.5% of XRP Supply “Underwater” Despite Gains, Signaling Fragile Market

Despite recent positive price movements, a surprisingly large segment of the XRP market is currently holding their tokens at a loss. According to analysis from the on-chain data firm Glassnode, approximately 41.5% of the total circulating XRP supply is considered “underwater,” meaning these tokens were acquired at a price higher than the current market value …

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