According to data from the Glassnode analytics platform, 99.6% of circulating XRP coins are currently sitting in profit, meaning the vast majority of holders are unwilling to sell at a loss. This exceptionally high profitability rate follows the cryptocurrency's sharp price surge.
The rise in XRP’s value has been accompanied by growing open interest and daily trading volumes, signaling participation not only from retail traders but also from major institutional players. For comparison, 97% of bitcoin holders are currently in profit. However, while BTC’s gains are spread across investors who bought at different price levels, XRP has shown rapid growth in a short period. As a result, almost all of its owners have seen profits.
Despite the bullish sentiment around the crypto, experts at The Street caution that a pullback may occur soon due to profit-taking. However, sustained demand for the token and stable trading volumes could help maintain the upward trend, especially if regulators provide clearer guidance on XRP’s legal status.