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.

Source: [CryptoSlate](https://cryptoslate.com/xrps-1-rebound-faces-holders-trapped-above-2/)

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