NKSCX XRP Watch: 41% of Supply in the Red
On-chain data just flipped a warning light for XRP. Even after a big move up from last year’s levels, the holder map looks uneasy: a majority of supply is still in profit, but roughly 41% is now at a loss. That means a large chunk of the market is underwater and feeling it.
From the NKSCX angle, that’s what fragility looks like. The chart alone doesn’t show it, but the holder base is split between early buyers who are comfortable and late arrivals who are stuck. When almost half the supply is in the red, the market becomes more reactive to fear, headlines and liquidity shocks.
It doesn’t mean XRP is finished. It does mean this is not the moment to ignore position size, risk limits or time horizon. Strong hands often build quietly in exactly this kind of landscape—while stressed hands argue in the comments.
More insights: https://www.nkscx.com/
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