XRP Profit Taking Climbs to $220 Million Amid Price Retreat

XRP is facing renewed selling pressure as long-term holders accelerate profit-taking, a shift that has added momentum to the token’s recent price decline. Glassnode data indicates that these early cohorts are now realizing gains at a pace that eclipses previous cycles, even as the market weakens. XRP Long-Term Holders Sell Into Weakness According to the data, XRP traders who accumulated the token below $1 ahead of its late-2024 surge have begun unwinding positions at an unusual scale. Glassnode reports that profit-realization activity has increased by 240% since September, rising from approximately $65 million per day to nearly $220 million source: https://beincrypto.com/xrp-profit-taking-amid-market-decline/