Almost 94% of XRP Wallets Are in Profit – But This Time Might Be Different
Right now,$XRP more than 90% of XRP holders are sitting in profit. At first glance, this looks like the perfect setup for selling pressure, since whenever the majority of investors see strong gains, history shows that many tend to cash out, causing the price to drop.
Fresh numbers from Glassnode confirm that nearly 94% of all $XRP
XRP
1.8901
-2.31%
wallets are profitable. That’s a huge milestone and definitely highlights how well investors have done. But while the pattern usually points to heavy selling after such levels, some experts suggest this rally may not follow the old script.