Summary
- Glassnode analyzed that investors who bought XRP (XRP) at below $1 appear to have realized substantial profits above $2.
- There were two major profit-taking waves in December 2024 and July 2025.
- As a result, it said that XRP's market bullish momentum was largely exhausted.
On the 10th (local time), on-chain data analytics firm Glassnode said, "Investors who bought XRP (XRP) below $1 appear to have realized substantial profits above $2," and analyzed that, "Major profit-taking waves in December 2024 and July 2025 have largely exhausted the market's bullish momentum."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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