62.8% Of XRP Realized Cap Held By New Investors: Sign Of Fragility?
Summary
A significant portion of XRP's Realized Cap is now held by investors who entered the market within the last six months, according to on-chain data from Glassnode. The Realized Cap has increased from approximately $30.1 billion to $64.2 billion, indicating substantial capital inflows. Investors aged 1 to 6 months have seen their share of the Realized Cap rise from 23% to 62.8%. This influx suggests strong retail interest but also raises concerns about market fragility, as many new holders are currently underwater due to XRP's price being below recent levels. XRP's price has dropped over 8% in the last 24 hours, settling at $1.78, mirroring conditions that preceded tops in previous bull markets.
