South Korean Traders See XRP’s Decline Ahead, Experts Cite Reasons for Bearish Outlook

XRP, which witnessed strong growth after US President Donald Trump’s election victory in November, has struggled to sustain its gains. As the token’s price fell below the $2 level, Glassnode emerges as the altcoin with the highest profit margin for investors based on data showing 81.6% of XRP’s circulating supply remains in profit. 81.6%. 1.4 million XRP/KRW transactions were made by South Korean traders, with over 60% being sell orders. Despite this, a number of expert analysts believe the declining investor confidence and the presence of significant whale sales indicate a potential decline for XRP.