XRP Outshines Ethereum with 80% Supply in Profit Amid Mega Quiet Accumulation
2025-07-02 14:49:43
Main Idea
XRP is performing strongly in the crypto market with 80% of its supply in profit, surpassing Ethereum, and showing positive derivatives open interest, while also nearing the end of its legal battle with the SEC.
Key Points
1. XRP has 80% of its supply in profit, outperforming Ethereum's 61%, indicating stronger holder conviction.
2. XRP derivatives open interest stands at $4.20 billion, reflecting increased investor interest.
3. Market analyst Lingrid suggests XRP may be forming a higher low, with current trading at $2.18.
4. Ripple is close to resolving its legal battle with the SEC, as CEO Brad Garlinghouse confirms dropping the cross-appeal.
Description
XRP is making waves in the crypto market, with 80% of its supply now in profit, outshining Ethereum’s 61%, according to on-chain data. The profit gap signals stronger conviction among XRP holders. Their higher profitability reflects a more bullish investor sentiment than Ethereum’s, which might potentially fuel increased interest and investment in XRP. Positive derivatives open interest (OI) in the XRP ecosystem can also indicate heightened investor confidence. According to Coinglass data , XRP ...
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