Who’s Winning? XRP Shines While SOL, ETH Holders Bleed

By: coindoo|2025/05/07 13:00:02
0
Share
copy
The results offer a sobering view of mid-term market sentiment and highlight pockets of pain and resilience.Snapshot of Buyer Sentiment:Solana (SOL)Current Price: $146Average Cost Basis: HigherPain Level: 28% in the red XRPCurrent Price: $2.14Only crypto in profit: +11% gainSentiment: Optimistic and resilientEthereum (ETH)Current Price: ~$1,800Pain Level: 36% lossReflects deeper bearish positioning among recent buyersBitcoin (BTC)Current Price: ~$95KSlight dip below euphoric buyers’ cost basisPain Level: -1%, marginal pressure .dark-mode .read-more {background-color: #343a40 !important;} READ MORE: Bernstein Predicts $330 Billion Corporate Bitcoin Allocation in Next 5 Years What This MeansThe charts (by Glassnode) show realized prices by age cohort. Most coins are currently trading below the 3-to-6-month holders’ cost basis, which suggests that many recent buyers are underwater.Historically, price consolidation below these mid-term realized prices is viewed as a sign of market fragility and selling pressure. This situation can trigger deeper corrections unless buyers return with conviction.The post Who’s Winning? XRP Shines While SOL, ETH Holders Bleed appeared first on Coindoo.

You may also like

Popular coins

Latest Crypto News

Read more