Recent data shows a significant surge in investors selling XRP at a loss, highlighting mounting pressures across the cryptocurrency market. According to analytics firm Glassnode, the 90-day moving average of XRP’s realized profit loss ratio has plummeted to just 0.38. This metric reveals that, in the current environment, loss-bearing sales are dominating profitable ones, a signal that may concern investors.
Sharp rise in loss-motivated sales
The realized profit loss ratio compares overall on-chain profits and losses. At its current level, only 38 cents in gains are being booked for every dollar of loss realized. In other words, the majority of XRP tokens changing hands have cost investors more than their current market value, underlining broad-based willingness to exit positions at a loss.
Glossary: The realized profit loss ratio is an on-chain indicator showing whether coins transferred on the blockchain are being sold for a profit or a loss compared to their purchase cost. When this ratio falls below 1, it means loss-making transactions are outweighing profitable ones.
This trend marks a dramatic contrast to the market peak observed in 2025, when the ratio rose to 50. Back then, profitable sellers vastly outnumbered those cutting losses, almost by fiftyfold, signaling a strongly bullish phase absent from today’s climate.
With only 38 cents of profit being realized for every dollar of loss, it’s clear that XRP transactions are currently experiencing remarkable selling pressure at a loss.
Signs of surrender in the market
Such a clear fall below the level of 1 in this metric is often associated with the so-called “capitulation phase” of the market cycle. This is when long-suffering investors, unable to endure further losses, capitulate and offload their holdings. These scenarios frequently arise alongside heightened fear and, in some cases, forced liquidations.
However, the appearance of a capitulation signal does not always mean that prices have bottomed out. Still, market observers note that such phases often coincide with growing fatigue in downtrends and might signal the approach of the final stages of the bear market for XRP.
Price trends and current outlook
According to CoinDesk, XRP was trading around $1.11 at the time of writing. The asset has lost roughly 40 percent of its value since the start of the year. By contrast, in July of last year, XRP soared above $3.60, highlighting the scale of its reversal.
XRP stands out as a cryptocurrency designed for cross-border payments. The latest data suggests not only a sharp decline in its market capitalization but also a marked deterioration in investor sentiment and behavior.
