When XRP Met Profit-Taking: A Crypto Drama Unfolds 🚀💰
According to Glassnode, XRP wallets have raked in a cool $68.8 million in profits this month, the highest in over a year. Talk about a cash cow! 🐄 This surge in sell pressure is coming mostly from long-term holders who bought XRP for peanuts, like, below $0.60. Even with all the bullish vibes and a solid market structure, XRP just can’t seem to break through the $2.20 barrier. It’s like trying to get a seat at the cool kids’ table, but the cool kids are all taking a break. 😴