XRP holders are experiencing profits for the first time in recent memory, but there's a catch - spot demand has vanished. The price of XRP is currently sitting at $1.10, and it remains to be seen if this level can hold.
The latest data suggests that XRP holders have turned profitable for the first time since the collapse of FTX in November 2022. This is a significant development, as it indicates that investors are beginning to regain confidence in the cryptocurrency market.