The share of XRP supply in profit has fallen to 58.5%, the lowest since Nov 2024, when price was 0.53. Today, despite trading ~4× higher (2.15), 41.5% of supply (~26.5B XRP) sits in loss — a clear sign of a top-heavy and structurally fragile market dominated by late buyers. 📉 http://glassno.de/48pwOef(glassnode)