62.8% of XRP Realized Cap Now Held by Investors Under Six Months

Recent on-chain analysis by Glassnode reveals significant changes in the Realized Cap of XRP. Key findings include:

A surge in the Realized Cap from $30.1 billion to $64.2 billion over recent months.
Investors holding XRP for less than six months now dominate the Realized Cap, increasing their share from 23% to 62.8%.
The influx of capital indicates strong retail involvement but raises concerns about market fragility due to elevated cost bases.
XRP's price has declined over 8% in the last 24 hours, currently trading at $1.78.

The trend suggests a potential repeat of previous market patterns, where slowing inflows coincided with price declines.