XRP Weakness Deepens as Traders Sell Into Losses

Glassnode data indicates XRP may be experiencing a capitulation phase, a market condition that often appears when selling pressure is close to being fully exhausted.

Holders are increasingly locking in losses, suggesting that many investors are finally giving up after a prolonged downtrend.

The 90-day moving average of XRP’s realized profit-to-loss ratio has dropped to 0.38, according to Glassnode.

This implies that for every $1 of realized losses, only about $0.38 in profits is being realized—meaning most tokens moving on-chain are now underwater positions.

That’s a sharp reversal from the 2025 peak, when the ratio reached 50, showing profit-taking dominated loss realization by 50-to-1.

Readings well below 1 are typically associated with capitulation, when investors exit positions after extended declines driven by fear, stress, or forced liquidation.

While not a precise timing signal for a bottom, these conditions often appear in the later stages of bear trends, suggesting XRP could be approaching a point of selling exhaustion.

At press time, XRP trades around $1.11, down roughly 40% year-to-date, after previously peaking above $3.60 last July.