XRP Investors In Pain: $50 Billion Worth Of Supply Now In Loss
On-chain data shows the amount of XRP supply sitting underwater has shot up to historically high levels following the recent market downturn. 36.8 Billion Tokens Of The Asset Are Currently Being Held At A Loss In a new post on X, on-chain analytics firm Glassnode has shared an update on the latest trend in the XRP Total Supply in Loss. This metric measures, as its name suggests, the total amount of the cryptocurrency’s supply that’s currently in a state of net unrealized loss. The indicator works by checking the on-chain history of each coin in circulation to find what price it....
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