XRP’s SOPR dips below 1 as holders sell into losses after cost basis breach

XRP is taking a hit. The token has broken below its aggregate cost basis, and that triggered panic across the board. A big chunk of holders are now dumping their bags, not to lock in profits, but to cut losses, according to data from Glassnode. The Spent Output Profit Ratio (SOPR), using the 7-day EMA, […] source: https://www.cryptopolitan.com/xrps-sopr-dips-below-1-as-holders-sell/