
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
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