94% of XRP holders are in profit: Has the price topped?

XRP price could drop by over 20% in the coming weeks due to multiple onchain indicators hinting at a local top formation.

Key takeaways:

XRP’s rally to $3 has pushed 94% of supply into profit, a level that historically marked macro tops.

XRP is in the “belief–denial” zone, onchain metrics show, echoing peaks in 2017 and 2021.

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