Overview
- Glassnode’s late-November snapshots put supply-in-loss at BTC 34.91%, ETH 38.37%, XRP 36.70%, and SOL 74.84%.
- ETH, SOL, and XRP registered the highest seven-day average realized losses since April, highlighting stress among newer holders.
- Bitcoin remains comparatively resilient with roughly 65% of supply still in profit as the price holds above $87,000.
- XRP’s climb to about $2.18 reduced its loss share from roughly 41.5% last week to 36.7%, improving holder profitability.
- Solana stands out with about three-quarters of supply underwater despite a rebound toward $137, while some coverage notes rotation to other altcoin themes and Santiment points to possible undervaluation on MVRV readings.