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BTC, ETH, XRP Flash Rebound Signals as Retail Panic Sells in Profit


by Anisha Pandey
for CoinEdition
BTC, ETH, XRP Flash Rebound Signals as Retail Panic Sells in Profit

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  • Glassnode data shows retail investors are dumping BTC, ETH, and XRP despite sitting on major profits.
  • Santiment notes this “small wallet” capitulation is historically a bullish contrarian signal.
  • Ethereum’s leverage ratio has hit an all-time high, signaling imminent price volatility.

Bitcoin, Ethereum, and XRP are ready for a massive rally as sentiment is shifting in favor of bulls. Glassnode’s latest data revealed that retail investors across BTC, ETH, and XRP are still sitting on sizable profits, despite the fear dominating social sentiment.

According to its estimated retail cost basis data, Bitcoin retail holders remain up by roughly 104% at a cost basis near $92,000, Ethereum retail wallets hold about 43% profit around $3,000, and XRP retail holders sit on approximately 61% profit at a $2.17 basis.

Source: @glassnode

Related: ‘World’s Smartest Man’…

Read The Full Article BTC, ETH, XRP Flash Rebound Signals as Retail Panic Sells in Profit On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 89.38K

-4.08%

$ 2.91K

-6.99%

$ 2.06

-7.21%

$ 0.646

-5.58%

$ 0.00596

+6.11%

Funds

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In This News

Coins

$ 89.38K

-4.08%

$ 2.91K

-6.99%

$ 2.06

-7.21%

$ 0.646

-5.58%

$ 0.00596

+6.11%

Funds

Share:

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BTC, ETH, XRP Flash Rebound Signals as Retail Panic Sells in Profit


by Anisha Pandey
for CoinEdition
BTC, ETH, XRP Flash Rebound Signals as Retail Panic Sells in Profit

Share:

  • Glassnode data shows retail investors are dumping BTC, ETH, and XRP despite sitting on major profits.
  • Santiment notes this “small wallet” capitulation is historically a bullish contrarian signal.
  • Ethereum’s leverage ratio has hit an all-time high, signaling imminent price volatility.

Bitcoin, Ethereum, and XRP are ready for a massive rally as sentiment is shifting in favor of bulls. Glassnode’s latest data revealed that retail investors across BTC, ETH, and XRP are still sitting on sizable profits, despite the fear dominating social sentiment.

According to its estimated retail cost basis data, Bitcoin retail holders remain up by roughly 104% at a cost basis near $92,000, Ethereum retail wallets hold about 43% profit around $3,000, and XRP retail holders sit on approximately 61% profit at a $2.17 basis.

Source: @glassnode

Related: ‘World’s Smartest Man’…

Read The Full Article BTC, ETH, XRP Flash Rebound Signals as Retail Panic Sells in Profit On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 89.38K

-4.08%

$ 2.91K

-6.99%

$ 2.06

-7.21%

$ 0.646

-5.58%

$ 0.00596

+6.11%

Funds

Share:

In This News

Coins

$ 89.38K

-4.08%

$ 2.91K

-6.99%

$ 2.06

-7.21%

$ 0.646

-5.58%

$ 0.00596

+6.11%

Funds

Share:

Read More

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