In the first months of the year XRP priceThe sudden rise in the chain also showed itself with strong reflections on data. In particular, the mobility in February triggered an increase in the XRP’s Realized CAP (realized market value) data. However, this sudden flow of capital was short -lived, and in March, both the investor interest and earning potential in Altcoin decreased rapidly. GlassnodeAccording to data, the weight of the new capital, which entered the XRP network, is still remarkable and this brings new risks.
The realized market data shows the new flow of investor
According to Glassnode’s in -chain analysis, during the rise of Ripple’s XRP in February, the market value jumped from $ 30.1 billion to $ 64.2 billion. The increase in market value of $ 30 billion was largely due to the introduction of short -term investors to the market. Generally, such harsh rises indicate the effect of individual investors, not institutional. As a matter of fact, the same table for XRP is valid.
However, this concentration was not long -lasting. After February, the flow of capital slowed down and the price acceleration began to decrease. Especially the purchase of short -term investors XRPhas made the price structure more fragile. Considering that most of the investors receive XRP at high cost, the risk of sales pressure is increasing.
While the new supply rate increased, durability decreased
In its market value, which has been held for less than 6 months XRP supplyThe rate of 62.8 percent rose. At the beginning of January, this rate was only 23 percent. This rapid increase clearly shows that new investors who have purchased XRP have a huge share in the market.
Although the intensity of the new investor means fresh capital in the market, it brings the risk of instability. Because this audience tends to act less experienced and emotionally. In such periods, a possible correction movement may trigger panic sales and cause harsh decreases in prices. Glassnode data says that the supply structure in the XRP is now more “short -term” and therefore more sensitive.
The confidence in XRP decreases and the snow/loss ratio decreases
On the other hand since January XRP InvestorsA regular decrease is observed in the snow/loss ratio. Fewer investors are in snow while more damages. This usually points to the periods when investor confidence decreases. According to Glassnode’s analysis, the sales pressure may increase if the price continues to decrease because most of the XRP investors are currently purchasing at high costs.
That investors keep their existence crypto currency It usually shows that a breaking point is approaching in the market. Especially if new investors dominate, impatience is the main factor that directs the market in such periods. Therefore, for XRP, the current table reduces the upward hopes and increases downward risks.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
