XRP Profitability Sinks as Supply in Profit Falls to 43.4%

XRP Profitability Sinks as Supply in Profit Falls to 43.4%

N
News Editor 01
2026-07-22 16:15:14
Santiment and Glassnode data show worsening XRP market conditions, with active wallets down 41% on average over the past year and only 43.4% of supply still in profit. XRP is trading near $1.33 while resistance remains firm at $1.34 to $1.35.
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XRP traders are absorbing deeper losses as fresh data from Santiment and Glassnode points to weaker returns across the market. XRP is trading near $1.33, and the token remains stuck in a consolidation range after a sharp bout of volatility.

Average active-wallet return drops to -41%

Santiment said XRP wallets active over the past year are now down an average of 41%. That puts the asset at its lowest MVRV reading since the FTX collapse in November 2022. The change reflects more than a simple price slide; it shows a broad deterioration in trader profitability.

Santiment added that deeply negative returns can reduce risk for new buyers because many holders are already sitting on losses. Still, the same setup points to a market carrying months of selling pressure. Losses have kept building, and that has helped maintain elevated exit activity.

Less than half of XRP supply remains in profit

Glassnode reported that only 43.4% of XRP supply is still in profit, the lowest level since July 2024. More than half of holders are now underwater.

Investors who bought above $2 have been realizing losses of roughly $20 million to $110 million per day since November 2025. Those figures suggest continuing outflows tied to earlier accumulation periods, with loss-taking from higher-cost holders keeping pressure on price stability.

Resistance at $1.34 to $1.35 continues to hold

XRP’s chart structure remains capped after the sell-off around April 2. Resistance is clustered between $1.34 and $1.35, while buyers have been defending the $1.30 area. The range is intact, and the upper boundary has not been cleared.

Momentum readings still lean weak. RSI is near 44, which points to neutral-to-slightly-bearish conditions, while MACD remains below zero and continues to confirm downside pressure even as the trend flattens. Volume behavior tells a similar story: spikes have appeared during both sell-offs and rebounds, suggesting reactive trading rather than a sustained directional move.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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