XRP News Today: XRP Investors Realize $68.8 Million Daily Profits Amid 300% Gains

XRP’s most-profitable investors are currently realizing over $68.8 million in profits daily, a trend that mirrors the market conditions leading up to the 2017 peak. This significant profit-taking activity is primarily driven by investors who bought XRP before the November 2024 rally, when the token was trading below $0.50. These investors have seen their returns exceed 300%, making them some of the biggest gainers in the current cycle. The surge in profit-taking signals a wave of distribution as prices have tripled, indicating that many early investors are now cashing in on their gains.

Historically, XRP’s realized profit activity has shown a pattern similar to the one observed before the 2017 market top. During that period, XRP surged from around $0.005 to over $2.50 in less than a year, leading to a spike in profit-taking by high-margin holders. The realized profit from investors with gains exceeding 300% peaked just before the market topped, which was followed by a 90% downtrend. If this fractal plays out similarly, XRP could face further corrections in the coming months.

Adding to the concern, over 70% of XRP’s realized market cap has been formed between late 2024 and early 2025. This concentration in newer holders creates a top-heavy market structure, which is historically prone to sharper sell-offs during periods of volatility. The realized market cap is a measure based on the price at which each token last moved, indicating that a significant portion of the market is held by investors who bought at higher prices.

The Spent Output Profit Ratio (SOPR) for holders of 3m–6m XRP—those who bought after the November rally—has been steadily falling, while other groups began to recover or stabilize in April. SOPR tracks whether coins are being sold at a profit or loss. As of June 21, the average buy price for the 3m–6m cohort was $2.28, and $1.35 for the 6m–12m group. With XRP trading near $2.14, newer holders are barely breaking even, while the 6m–12m cohort still has about a 35% downside cushion before reaching their breakeven level. In such a scenario, XRP may decline toward the $1.50–$1.60 range, and possibly retest the $1.35 level, where 6m–12m holders would also start to face breakeven pressure.

The realized price is near the floor at $1.30, the downside target suggested by XRP’s descending triangle, which is considered a bearish reversal pattern when formed during an uptrend. Alternatively, a decisive bounce from the 50-week exponential moving average (50-week EMA) could invalidate the downside setup, enabling XRP for a climb toward $3 or above. However, the current market conditions and historical patterns suggest that XRP faces risks of further correction in the coming months if the fractal plays out as it did in 2017-2018.