Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
XRP rally cools down, on-chain data releases profit-taking signals.
According to the latest data from on-chain analysis platform Glassnode, XRP's Spent Output Profit Ratio (SOPR) is resetting. SOPR is calculated by comparing the selling price of the coin to its cost basis at creation, effectively reflecting market profit-taking behavior.
As of Tuesday, the indicator registered at 1.05. This data suggests that holders are cashing out previous gains, and the market may face short-term correction pressure. Such on-chain signals often indicate a critical point for price volatility, and traders should closely monitor subsequent developments.
Profit-taking has already started, okay? Is anyone still waiting for this indicator?
Starting to get nervous at 1.05, how much can this wave of correction drop... Let's wait and see.
Glassnode data is out so quickly, retail investors are probably the last to know.
Short-term correction pressure? Ha, this is just the cycle, oh wait, oh wait.
---
SOPR 1.05 is a bit weak, not decisive enough, brother.
---
Wait, are holders starting to sell now? This is just the beginning.
---
What does 1.05 indicate? Just starting to profit, the real pressure hasn't come yet.
---
I just want to know how far this correction can fall.
---
Is on-chain data so sensitive? Feels like every time it's predicting a correction.
---
Watching Glassnode every day, but in the end, it's all about luck.
---
XRP, it hasn't even had a good run yet, and people are already leaving?
---
The number 1.05 sounds a bit unrealistic, I don't believe it.
---
The correction pressure is here. Should I sell or keep accumulating?
---
Profit signals often lead to the biggest reversals, just like that.
Wait, is this wave really going to dump...
It's profit-taking again, always saying the same thing, but XRP still soars
Still the same, data can lie, but wallets won't
What does 1.05 mean, oh my god, my XRP...
Looking at this data, I know it's time to add to my position, reverse indicators are not bluffing
Is it a correction or a shakeout, let's wait and see, everyone