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XRP slips under $2 as a 5–7 year wallet realizes $721.5M profit on Dec. 11
On Dec. 11, Glassnode researcher CryptoVizArt reported via X that a 5–7 year old XRP wallet with a ~$0.40 cost basis realized over $721.5 million in profit as price weakened near the $2.0 level. XRP later traded at $1.89, and traders are watching whether the repeatedly tested $2–$1.90 support zone holds into the weekly close.