Source: https://cointelegraph.com/news/81-6-of-xrp-supply-is-in-profit-but-traders-in-korea-are-turning-bearish-here-is-why?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

XRP, the digital asset associated with Ripple, has been facing challenges in maintaining its bullish momentum since reaching a peak of $3.40 on January 16, 2025. Over the past three months, XRP has experienced a 46% drop in its value. Despite this decline, data from Glassnode reveals that 81.6% of XRP's current circulating supply is still in profit. This data indicates that the majority of XRP holders are currently in a profitable position, showcasing the resilience of the token's value even amidst recent market corrections.

Comparing XRP to other cryptocurrencies, such as Bitcoin (BTC), Ether (ETH), Solana (SOL), and Tron (TRX), it is noted that Tr