Early XRP Buyers Accelerate Profits as Regulation Bolsters XRP Ecosystem
Early XRP Investors Accelerate Profits Amid Regulatory Decisions Strengthening XRP Ecosystem
Early holders are strengthening their positions as the token tests important resistance levels just below its 2021 record.
Author: Shaurya Malwa | Edited by: Parikshit Mishra Updated: Jun 20, 2025 12:43 PM Published: Jun 20, 2025 6:18 AM
What is important to know:
- XRP is trading above $2, representing a more than 300% gain for early investors, leading to increased profit taking.
- On-chain data shows that realized profits from XRP wallets have reached $68.8 million, indicating distribution pressure as the token tests resistance levels.
- Despite positive regulatory changes and the growth of Ripple's infrastructure, XRP faces a supply glut from long-term holders, which is impacting its ability to break the $2.20 mark.
XRP has seen one of the biggest rallies among the leading cryptocurrencies this cycle, but early retail holders are looking to exit.
Currently trading above $2 — more than three times its base before the rally from October 2024 — XRP has been one of the best-performing large-cap tokens over the past eight months. Investors who bought the token below 60 cents are sitting on gains of over 300%, prompting a surge in profit-taking.
According to blockchain data from Glassnode, the 7-day simple moving average (SMA) of realized profits from XRP wallets hit $68.8 million at the start of the month, the highest in a year. This is a clear sign of distribution pressure as early accumulators cash out in force as the token tests key resistance levels just below its 2021 record.
XRP is trading above $2, more than 3x its base price before the November 2024 surge.
Investors who had accumulated funds earlier received profits of more than 300%.
In early June, they started making profits at a rate of $68.8 million per day (7D-SMA), which became a signal of a wave… pic.twitter.com/N8DLs0EXpQ
— glassnode (@glassnode) June 19, 2025
Such profit-taking pressure may help explain XRP's failure to break above $2.20 in recent sessions despite a plethora of bullish headlines and technical favorable factors.
Read more: XRP falls 5% as major selling pressure dominates market
While the overall situation remains positive due to regulatory clarity in the US and Ripple's growing adoption in the tokenized asset infrastructure, short-term price dynamics reflect oversupply from long-term holders.
A recent analysis by CryptoQuant found that the annualized cumulative bid/ask volume difference for altcoins (excluding BTC and ETH) — a measure of net investor flows — is currently negative $36.
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