Markets· ★★· bullish·

XRP Supply in Profit Climbs to 57%, a 9-Month High

  • —XRP supply in profit hits 57.172%, a nine-month high
  • —About 39.12 billion of 68.4 billion XRP tokens are now profitable
  • —The metric stood at 37.27% on Aug. 16, when XRP traded at $0.99
  • —29.2 billion XRP, or 42.8% of supply, remains in loss
Why it matters: A larger share of profitable coins eases selling pressure from holders at a loss but raises the risk of profit-taking near key resistance levels.
Source: The Crypto Basic