XRP Supply in Profit Hits 17-Month Low as Price Risks Drop to $1.10
XRP is a crypto asset used in the Ripple ecosystem, and its price performance is closely tied to market risk appetite and holders’ cost bases. On-chain analytics firm Glassnode uses the “supply in profit” metric to measure the share of tokens whose current price exceeds their acquisition cost. A decline means more investors are sitting on unrealized losses, potentially adding to selling pressure.
Glassnode’s latest data showed that XRP’s supply in profit had fallen to 43%, its lowest level since November 2024 and in about 17 months. Holders are realizing losses of roughly $110 million a day. From a technical perspective, XRP has broken below a rising-wedge consolidation pattern. If selling pressure persists, the pattern points to a downside target of about $1.10.
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The history behind this eventXRP Risks Falling Below $1, but Onchain Data Offers a Silver Lining
XRP is the native token of the XRP Ledger and is commonly associated with Ripple's cross-border payments strategy. Its sharp rally in late 2024 left an unfilled price gap between $1 and $0.63. The longer-term structure has now weakened, and a break below $1 would take XRP under that threshold for the first time since November 2024, potentially intensifying selling pressure.
XRP fell as low as $1.01 on June 25, its lowest level of 2026, bringing its year-to-date decline to 43%. CryptoQuant data showed that holdings on Binance fell from 2.78 billion tokens on May 12 to 2.68 billion on June 25, while withdrawals outnumbered deposits for seven consecutive days beginning June 17. Spot XRP ETFs have drawn $243 million in net inflows since April, and the 90-day moving average for whales also shows daily net inflows of 5.143 million tokens.
XRP Supply Tightens as Price Holds Near $1.34, Analysts Brace for Bigger Move
XRP is the native token of the XRP Ledger and is closely tied to Ripple Labs’ cross-border payments business. Large token outflows from exchanges typically signal a decline in supply available for immediate sale. If prices do not rise in tandem, the resulting supply-demand divergence can build momentum, making it an important indicator for gauging the direction of future volatility.
On-chain data showed that about 7.03 billion XRP left exchanges in February, even as the price traded near $1.34 at one point. It recently fell to $1.31 after a failed breakout. Analysts said tighter liquidity could amplify subsequent volatility. If XRP retakes resistance at $1.35, it could reach $1.42.
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