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XRP Is the Only Top Crypto in Profit Mid-Term: Glassnode
By: defi news|2025/05/08 02:30:04
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A recent analysis by onchain data firm glassnode reveals how mid-term crypto investors are faring, showing XRP holders in the green.Mid-term refers to holders who bought during the euphoric market highs of December 2024 to January 2025. Using cost basis comparisons, glassnode assessed whether these investors are currently sitting on profits or losses.The numbers currently show a mixed picture among large-cap crypto assets. Solana (SOL) leads the losses, trading 28% below its average buy-in price of $146. Meanwhile, Ethereum (ETH) investors are down even more, with the asset 36% below its $1,800 cost basis. Bitcoin (BTC), which hit a record $109,000 earlier this year, is now hovering just 1% below that level.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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