The crypto market continues to face difficulties, reflecting on investors who purchased major digital assets in the last 3-6 months. While many are suffering losses, XRP demonstrates a positive outcome.
Current Situation in the Crypto Market
Recent data from Glassnode shows that many large cryptocurrency buyers are facing losses. The analysis indicates that leading cryptocurrencies such as BTC, ETH, and SOL have now fallen below their average entry points, signaling a decline in investor sentiment.
Financial Performance of XRP
Despite the overall negative trend, XRP has become an exception, as buyers who acquired it over the last 3-6 months are now enjoying an 11% profit. The average purchase price was $2.14, leaving many investors in the green despite the recent volatility.
Losses in Other Cryptocurrencies
Bitcoin, Ethereum, and Solana continue to suffer from price declines. BTC has decreased by 0.18% over the past week, ETH by 1.53%, and SOL by 2.82%. Many investors in these cryptocurrencies cannot achieve profitability since their costs exceed the current market prices.
Against the backdrop of crypto market volatility, XRP stands out as the only cryptocurrency with positive dynamics for recent investors. However, for most buyers, BTC, ETH, and SOL remain problematic assets.
