With 42% Of XRP Holders Underwater, Analysts Say The Altcoin Could Crash Even...
According to on-chain data and market reports, XRP is under fresh selling pressure because a large share of holders are now showing losses. Related Reading: Kiyosaki Stands His Ground—No Selling, More Bitcoin Buys Ahead Glassnode reports that 41.5% of XRP supply — or close to 27 billion tokens — sits in loss, the lowest profitability level since November 2024 when XRP traded near $0.53. At today’s levels, about four times higher than that November figure, a big share of holders bought above current prices and are now exposed. Holder Concentration Raises Selling Risk Market analysts say....
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Despite the crypto market recovery, a large number of Cardano holders are still nursing losses, leading to speculations as to why this is the case. Data from IntoTheBlock shows that the altcoin is the worst performer in terms of profitability when it comes to the top 10 largest cryptocurrency by market cap, disappointing holders and long-term believers. Cardano Profitability Sits At Only 15% The Cardano profitability has remained low since the market crash of 2022 and even with the market recovery, the majority of investors are still underwater on their investments. This comes as the ADA....
On-chain data shows that a majority of the USD capital invested in Bitcoin has dipped into losses following the latest market crash. Majority Of Bitcoin’s Realized Cap Is Now Underwater As pointed out by on-chain analyst Checkmate in an X thread, Bitcoin’s recent bearish action has put a huge amount of the capital invested into […]
Bitcoin slid below the $92,000 mark on Wednesday, trading at $91,500 at press time after a one-day drop of 5% that left the token down 17% in the last 30 days. Related Reading: With 42% Of XRP Holders Underwater, Analysts Say The Altcoin Could Crash Even Further Market players were rattled after a stretch of heavy swings that began with a peak early in October. According to market trackers, price pressure has pushed sentiment into deep fear as investors reassess risk. Winklevoss Sees Opportunity According to posts on X by Cameron Winklevoss, prices under $90,000 may not last long.....
ADA prices are sliding back towards a dollar, putting more holders in the red as gains are eroded. As Cardano (ADA) prices fall back towards the psychological one dollar level, more and more investors are finding themselves with unrealized losses by holding on to the digital asset.Cardano’s ADA token has had a bearish week. The price has fallen 11.4% since Monday resulting in more holders being in the red. More significantly, ADA is now 64.7% below its September 2 all-time high of $3.09 and is in danger of falling below a dollar over the next few days should the trend continue.According to....
A new projection from an XRP analyst is drawing fresh attention to how quickly spot ETFs could gobble up available tokens if heavy inflows persist. Related Reading: With 42% Of XRP Holders Underwater, Analysts Say The Altcoin Could Crash Even Further The numbers in the model are simple and large, and they force a straightforward question: what happens if steady ETF buying meets a limited public supply? ETF Flows Could Outrun Supply According to analyst Chad Steingraber, one XRP ETF might average $90 million in daily inflows. Multiplying that by 12 ETFs and the result is $1.08 billion each....