Over 41% of XRP holders are now at a loss

The share of XRP holders in profit has fallen to 58.5%, leaving 41.5% in a loss position, according to on-chain analytics firm Glassnode. This marks the lowest level of profitability since November 2024, when XRP was trading at $0.53. The firm noted that despite the current price of $2.15, the data indicates an unstable market structure dominated by investors who purchased at higher prices.