The retracement has drawn attention to on-chain activity and investor behavior, particularly among long-term holders (LTHs). A CryptoQuant analyst has been monitoring realized profit and loss metrics to gauge whether the current cycle is approaching its peak or if more upside potential remains.  Data released by the analyst sheds light on how seasoned holders are reacting to Bitcoin’s latest rally.

Long-Term Holder Trends Across Market Cycles

CryptoQuant contributor PelinayPA shared an assessment of Bitcoin’s long-term holder realized profit and loss (RPL) metric, which tracks when investors who have held coins for extended periods decide to sell. According to the analyst, this indicator has historically been reliable in signaling both cycle tops and bottoms.

The analysis highlights key phases across multiple market cycles. During the 2017 bull market, a surge in LTH realized profits coincided with Bitcoin’s peak. By contrast, in the 2018–2019 bear market, profit realization slowed dramatically, while losses surfaced, reflecting the market bottom.

A similar pattern was observed in 2021, though the profit realization was more gradual, suggesting that selling pressure was spread across the market rather than concentrated in short bursts.

When Bitcoin entered the 2022–2023 downturn, realized losses increased significantly as the asset fell into the $15,000–$20,000 range. That period was characterized by panic selling among longer-term holders.

In the current market, however, PelinayPA notes that while profit-taking is visible, it remains moderate compared with past peaks. This indicates that, although selling is occurring, it has not yet reached the levels typically associated with a cycle top.

What the Current Data Suggests for Bitcoin

The current phase of moderate profit realization suggests caution but does not confirm that Bitcoin has fully topped out. PelinayPA explained that:

Historically, sharp increases in LTH profit realization (large green spikes) align with bull market tops. Current selling (mid-2025) is measured and gradual, which implies BTC may still be in the late stages of a bull cycle. If LTH selling accelerates, it could mark the next peak.

This measured approach by long-term holders could mean that the market retains some room for additional upward movement, provided selling pressure does not intensify.

At the same time, the data highlights that a shift toward heavier profit-taking would be an important warning signal for traders and institutions watching the market closely.

On-chain analytics firms frequently point to these long-term holder behaviors as leading indicators. While Bitcoin’s price action continues to consolidate below its record high, how these investors act in the coming weeks could set the tone for the next stage of the cycle.

For now, the data suggests that the rally has not yet reached conditions historically associated with a definitive top, but market participants are advised to watch profit realization closely.

Featured image created with DALL-E, Chart from TradingView

A wave of anecdotes from industry figures and onlookers has pushed XRP into everyday talk in some circles, but the picture is mixed.

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According to a recent podcast episode featuring several crypto commentators, guests flagged “mania signals” as a way to spot when an asset is going mainstream.

Some guests said they are now hearing XRP mentioned in casual settings, while others point to counterexamples that suggest the trend is not universal.

Uber Drivers Talk Crypto

Based on reports from the Unchained podcast and social posts, one guest said they had taken multiple Uber rides where drivers were trading XRP.

That comment was later amplified on social media, with others sharing similar encounters.

Reports have disclosed that another well-known community figure said Uber drivers in Nevada and Michigan even recognized him as “that XRP lawyer guy” after his advocacy in the Ripple–SEC case. Those anecdotes add color to claims of growing retail chatter.

I’ve had 2 different Uber drivers in 2 different states (Nevada & Michigan) bring up XRP to me during the last 3 months.

They said: “You look familiar” and “I know you.”

I replied: “I ran for U.S. Senate against Elizabeth Warren.”

Both quickly responded: “No that’s not it -… https://t.co/hsmppCsXRt

— John E Deaton (@JohnEDeaton1) August 14, 2025

Small Survey Finds Little Uptake

A separate, small experiment tested the idea directly. A commentator took 25 Uber rides in Ontario and asked each driver whether they held XRP.

Most drivers were confused or said they did not own any crypto. One driver reported holding XRP, having bought at $1.67, and said they planned to hold long-term.

Based on that sample, the experiment’s author concluded that the “Uber driver” story is overstated, or that early buyers may have already cashed out.

Retail Buzz Versus Real Adoption

Analysts differ on what these encounters mean. According to a Bloomberg ETF analyst cited in reports, institutional demand for a possible XRP ETF may start modest while retail interest could be greater.

Other researchers in the community argue that institutions might be quietly building positions even if many retail investors remain unaware.

Both lines of argument can be true at once: pockets of strong recognition can exist while broad adoption lags behind.

Interesting, trades reporting how Polymarket odds of XRP ETF approval went down to 62% after the votes were disclosed showing Crenshaw voting no, but a) she’s gonna vote no on EVERYTHING and b) it’s meaningless, she’s outnumbered = we haven’t changed our odds, still at 95%. https://t.co/TamMn8DHVh pic.twitter.com/Ip9G748HrU

— Eric Balchunas (@EricBalchunas) August 7, 2025

Anecdotes Need Hard Data

What matters next is measurable breadth. Watchers say to track search trends, wallet activity, and consistent reports from many cities rather than isolated meetings.

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If mentions of XRP keep appearing across unrelated places, that would be stronger evidence. For now, though, the mix of big-signal stories and low-hit surveys means the claim of wide mainstream recognition is still unproven.

These first-hand accounts are compelling because they are simple and human. They make a tidy headline and spark debate online.

Reports so far say they are not yet a substitute for consistent, verifiable data. Some people are clearly talking about XRP in daily life. But the jury is still out on whether that talk has crossed into broad mainstream awareness.

Featured image from Unsplash, chart from TradingView

The XRP price has now moved back into bearish territory after a remarkable run on the daily chart that had been signaling possible bullish momentum. Crypto analyst Master Ananda points this out in a post that shows a disturbing trend in the XRP price chart. If this continues, then the future of XRP, at least in the short term, has become even more uncertain, with bears fighting for more control.

4 Green Daily Closes Fall to Nothing

After suffering a crash along with the rest of the crypto market, the XRP price had faced a recovery that seemed to have put it right back on track to rally again. This saw the first green daily close on the last day of May and then carried on into the new month of June. The first three days also closed in the green, leading to four consecutive daily green closes, which is usually bullish for the price.

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However, there was just another part of the trend that was not completed to show that this was a bullish move, and it has to do with volume. As Master Ananda pointed out, a spike in volume was expected as the XRP price put in a higher low. This would mean there is the momentum needed to push the price back up. But this was not the case as the volume plummeted and remained muted.

The absence of this expected volume suggests there is weakness surrounding the XRP price, and this played out as the next day saw a red close for the altcoin for the first time in June. If this lack of momentum continues, then the price could continue to plummet.

So far, there is now resistance mounting at the 0.382 Fibonacci level, which is $2.2959. This resistance would need to be cleared with a spike in volume if there is to be a recovery in the XRP price. Otherwise, it risks a fall back down to the 0.236 Fibonacci level, meaning the first steps toward falling below $2.

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XRP Price Could Fall As Volumes Suffer

Data from Coinglass shows how bad the XRP volume has been recently. So far in June, daily volume has remained well below $5 billion, reminiscent of the bear market figures whenever the price was falling. This also shows reduced participation from investors who are wary of entering the market during such conditions.

Interestingly, though, open interest remains rather high, $3.94 billion, showing that crypto traders are actively betting on the XRP price. However, the majority are betting that the XRP price will continue to fall from here, with Coinglass data showing 52.75% of all positions being short compared to only 47.25% betting the price will increase.

Featured image from Dall.E, chart from TradingView.com

Yesterday, Bitcoin (BTC) created a fresh best (ATH) of $111,880 on the Binance Crypto Exchange, following months of downward behavior in the first quarter of the year. There are major cryptocurrencies rebound It’s over 45% from around $76,000 to 45% from the April 6 low, and recent whale behavior suggests long-term holders are seeing more potential for a rise.

Bitcoin Ass is seeing mixed reactions from whales

According to a recent encrypted quick take post by contributor CrazzyBlockk, the new whale – wallets holding a BTC amount of less than 30 days are actively profiting during the current price rallies, contributing to increased sales pressure.

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In contrast, an old whale – a wallet holding important BTC for over six months – shows Minimum sales Activities. This shows long-term trust in Bitcoin and hopes for a continuous price increase.

Meanwhile, whales operating 7-30 days ago have earned moderate profits, suggesting careful participation in ongoing gatherings. Although suppressed activity from older whales is a positive signal, some indicators point to attention on rally sustainability.

For example, net profit/loss (NRPL) during current prices spikes is significantly lower than the level observed at the market top in the past 2024-2025. This indicates a weaker overall profit momentum among investors.

For beginners, NRPL measures the net profit or loss that investors are locked in when selling Bitcoin based on the price difference between acquisition and sales. High NRPLs indicate strong profit-earning behavior, while low or negative NRPLs indicate a decrease in enthusiasm or surrender.

Is the market even better?

A low NRPL may imply that the market is not yet euphoric (a potentially healthy sign), but it also raises concerns about the strength and sustainability of the ongoing gathering. These dynamics can affect the price trajectory of BTC over various time frames.

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In the short term, continued profit gains from new whales can cause price corrections to neutralize the overheated market situation. Due to the price drop, BTC could potentially return to the $100,000-$105,000 support zone.

In contrast, during the medium period, ongoing inactivity of older whales with low NRPL levels may support bullish continuation after the integration phase. Investors may be seeing opportunities and pullbacks to accumulate more BTC.

In conclusion, short-term price adjustments remain possible, but Bitcoin’s medium-term outlook is primarily optimistic. Assume that the old whales will maintain their position and have a low NRPL.

This is consistent with recent on-chain analysis display Many new BTC investors are sitting on solid, unrealized profits despite approaching Bitcoin trading and showing no signs of panic sales. At the time of pressing, BTC will trade at $111,500, an increase of 4.2% over the past 24 hours.

Featured images from Unsplash, Cryptoquant and TradingView.com charts

Vivo stated at the end of last year that it would debut a mixed reality headset, and at the Boao Forum for Asia, the Chinese manufacturer showcased the design of the Vision. The design looks to be a sleeker version of the Apple Vision Pro, but at this point, there’s no mention of what the headset weighs, and the materials used in its construction.

Vivo says it will debut the prototype in mid-2025, and other than that, it didn’t divulge much in the way of information around the headset. The MR headset is a part of Vivo’s strategy to “strengthen its real-time spatial computing capabilities for future applications in consumer robotics,” and coinciding with the design showcase, Vivo is announcing the establishment of a new robotics laboratory in China.

Vivo will leverage the lab to build the “brain” and “eyes” of robots, utilizing its skillset when it comes to “AI large learning models and imaging.” Vivo clearly is no stranger to doing a great job with imaging, and the X200 Pro is currently the best camera phone to beat. So it will be interesting to see how the brand can translate these proficiencies to robotics.

Switching back to phones, Vivo has announced that it will unveil the X200 Ultra in the month of April. The manufacturer teased the camera modules last week, and earlier leaks gave us a better understanding of what the device will be able to deliver in this area, and having tested the Xiaomi 15 Ultra and Find X8 Pro as well as the X200 Pro, I can’t wait to get my hands on the X200 Ultra and see how Vivo manages to outshine the X100 Ultra from last year.

However, it is likely the X200 Ultra may not debut outside China — much like its predecessor. We should know more about the device in the coming weeks, along with details on the Vivo Vision.