cointelegraph
XRP ‘structurally fragile’ as 41.5% of supply at a loss
Related Cryptocurrencies
XRP
XRP
$2.15
+0.26%
TL;DR
XRP is facing challenges as 41.5% of its supply is currently at a loss, with supply in profit at its lowest in a year. Analysts warn of further downside if investors sell at a loss, while speculation about XRP ETFs potentially boosting market sentiment arises.
Summary
XRP is facing challenges as 41.5% of its supply is currently at a loss, with supply in profit at its lowest in a year. Analysts warn of further downside if investors sell at a loss, while speculation about XRP ETFs potentially boosting market sentiment arises.
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