XRP Traders Lock in Profits

On-chain data for Ripple signals that investors are actively locking in profits. This is evident from the sharp increase in realized profits: over the past seven days, it has reached $1.84 billion. This is the highest figure since April 2021, according to Santiment.

The growth of this indicator indicates that holders are selling the asset at a significant profit — that is, the selling price is higher than the purchase price. Usually, realized profits increase during times of high market activity.