Data shows the XRP supply in profit is currently at levels that have historically put the cryptocurrency’s price in a high-risk zone. XRP, Bitcoin, And Ethereum Are All In High-Risk Zone Right Now According to data from the on-chain analytics firm Santiment, Bitcoin, Ethereum, and XRP are assets that may be in a high-risk zone currently when compared to their historical averages. The indicator of interest here is the “Percent of Total Supply in Profit,” which, as its name suggests, tracks the percentage of the total circulating supply of any cryptocurrency with some unrealized profit. This metric works by going through the transaction history of each coin in circulation to see what price it was last transferred on the blockchain. Assuming that the last movement of any coin was changing hands (that is, a new holder bought it), this last transfer price would naturally reveal its profit-loss status. Related Reading: HODLing Rewards: Average Bitcoin Long-Term Holder Now Carries 55% Profit If this previous price for any coin was less than the current spot value of the as ..
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