XRP Profitability Plunges to 50% - Echoing November ’s Pre-Rally Signal
XRP holders are underwater again—and history suggests that's precisely when things get interesting.
The Setup
The percentage of XRP addresses in profit just got cut in half, tumbling to around 50%. That's a level not seen since November 2024. For the chart-watchers, that date rings a bell. It was the calm before a storm—a major price surge followed that dip.
Reading the Tea Leaves
This isn't just random volatility. It's a classic market sentiment reset. When profitability drops this sharply, it often flushes out weak hands and sets a new, lower foundation. The data screams 'oversold.' The last time the metric looked this bleak, it was a coiled spring.
The Contrarian Play
Smart money loves this kind of pain. While mainstream headlines fret, the on-chain story hints at accumulation. It's the old Wall Street playbook—buy when there's blood in the streets, even if the street is digital. Just don't tell that to the fund manager still waiting for a 'blockchain use case' that fits neatly into a quarterly report.
The stage is set. The parallels are too stark to ignore. Whether this is a replay or a cruel mimicry, the next move will be decisive.
A crypto commentator has pointed to a sharp decline in XRP holders' profitability, arguing that the downturn could set the stage for a major price reversal. Amid the market-wide sell-off, analyst Steph Is Crypto noted that 48% of XRP’s 60.57 billion circulating supply is now underwater, meaning those tokens were purchased at prices above XRP’s current market value.
Visit Website
