Ripple (XRP) Profit Share Collapses to 58.5% – Could a Major Correction Be Looming?

Ripple (XRP) has witnessed tremendous pressure amidst the recent market-wide meltdown. The crypto asset fell by more than 11% over the past week as a result, and briefly touched the lows of $2.10 before stabilizing near the press time price of $2.20.

Data now suggests that nearly half of the XRP supply sits in loss, indicating late buyers face a high risk.