62.8% Of XRP Realized Cap Held By New Investors: Sign Of Fragility?
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On-chain data shows a large portion of the XRP Realized Cap is in the hands of investors who got in during the last six months. Here’s what this could mean for the asset. XRP Investors Younger Than Six Months Have Significantly Increased Realized Cap Share In a new post on X, the on-chain analytics firm Glassnode has discussed how the Realized Cap of XRP has changed recently. The “Realized Cap” here refers to an indicator that, in short, keeps track of the total amount of capital that the holders of the asset as a whole have invested into it. Changes in this metric, therefore, correspond to inflows and outflows that the cryptocurrency is observing. Below is the chart shared by the analytics firm that shows the trend in the Realized Cap for XRP over the last few years. As displayed in the above graph, the XRP Realized Cap has shot up during the past few months, implying that a large amount of capital has flown into the cryptocurrency. More specifically, the asset has seen the metric double from around $30.1 billion to $64.2 billion. In the same chart, Glassnode has also attached the data of the indicator for the young investor age groups. It would appear that the capital held by cohorts like 1-month to 3 months and 3 months to 6 months has spiked recently, which makes sense considering the growth in the aggregated Realized Cap has come during these windows. According to the analytics firm, this short-term capital spike is a sign of retail-led momentum. The momentum appears to have cooled off, however, as the metric has no longer been growing as sharply recently. A consequence of all the fresh capital inflows is that XRP has seen a shakeup in investor dominance. As another chart shared by Glassnode…
Filed under: News - @ April 10, 2025 6:29 am