XRP’s $1 rebound faces holders trapped above $2

Glassnode reported that XRP holders who bought between 6 and 12 months ago have an average cost basis near $2.22, roughly 52% above the token's price of $1.08 on July 14, and far above the $ 1.09-$1.11 realized price for coins bought in the past month. XRP perpetual funding spanned a 2.6-basis-point range as of [ ]