XRP Falls Below $2 As $721 Million Profit-Take Hits Market

XRP Falls Below $2 As $721 Million Profit-Take Hits Market

One of the cleaner tells in crypto is when the old supply decides it’s time. Not “made a quick 20% and clipped it” time — years old. That’s basically what Glassnode researcher CryptoVizArt flagged after an XRP wallet aged roughly 5–7 years (with a cost basis around $0.40) realized more than $721.5 million in profit on Dec. 11. A single wallet doesn’t “break” a market on its own. But the timing is the point: this wasn’t profit-taking into a rip. It landed while XRP was showing weakness right at the $2.0 key level. Related Reading: XRP Dominates Institutional Inflows, But Why Is Price Still....


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