Who’s Winning? XRP Shines While SOL, ETH Holders Bleed
By: bitcoin ethereum news|2025/05/07 13:15:01
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A recent market breakdown compares current prices of major cryptocurrencies to the cost basis of euphoric buyers from December 2024 to January 2025 — a critical period of aggressive accumulation. The results offer a sobering view of mid-term market sentiment and highlight pockets of pain and resilience. Snapshot of Buyer Sentiment: Solana (SOL) Current Price: $146 Average Cost Basis: Higher Pain Level: 28% in the red XRP Current Price: $2.14 Only crypto in profit: +11% gain Sentiment: Optimistic and resilient Ethereum (ETH) Current Price: ~$1,800 Pain Level: 36% loss Reflects deeper bearish positioning among recent buyers Bitcoin (BTC) Current Price: ~$95K Slight dip below euphoric buyers’ cost basis Pain Level: -1%, marginal pressure What This Means The charts (by Glassnode) show realized prices by age cohort. Most coins are currently trading below the 3-to-6-month holders’ cost basis, which suggests that many recent buyers are underwater. Historically, price consolidation below these mid-term realized prices is viewed as a sign of market fragility and selling pressure. This situation can trigger deeper corrections unless buyers return with conviction. Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','1188189499475368');fbq('track','PageView'); Source: https://coindoo.com/whos-winning-xrp-shines-while-sol-eth-holders-bleed/
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