In the XRP market, it seems that investors’ sales at a loss have increased significantly. According to Glassnode data, the 90-day moving average of XRP’s realized profit-loss ratio decreased to 0.38. This table indicates that assets sold at a loss in the market clearly outweigh those sold at a profit.
Noticeable deterioration in lost sales
The ratio in question compares the profits and losses realized by investors on-chain. At the current level, only 38 cents of profit is written for every $1 loss in the market. In other words, it appears that the cost of most of the XRPs changing hands remains above the current price.
Mini dictionary: Realized profit and loss ratio is an on-chain measure that shows whether the coins carried on the blockchain change hands with a profit or a loss according to their cost at the time of sale. When the ratio falls below 1, it indicates that transactions made with a loss have become more dominant than transactions made with a profit.
This outlook indicates a sharp change in direction compared to the peak period seen in 2025. At that time, the rate reached up to 50 levels. In other words, those who sold at a profit were approximately 50 times more dominant than those who sold at a loss.
In the current outlook of the market, the fact that only 38 cents of profit is realized for every 1 dollar of loss shows that the selling pressure with a loss is clearly prominent in XRP transactions.
Signal of surrender in the market
A significant drop in the ratio below 1 is generally associated with a capitulation phase in the markets. This stage is defined as the period when investors who have been carrying losses for a long time cannot withstand the pressure anymore and turn to selling. Such a picture often occurs with a high level of fear or forced sales.
However, the capitulation signal does not always mean that the price has made the full bottom. However, such periods often coincide with points in downtrends where fatigue is increasing and the final phase of selling pressure may be approaching. For this reason, some market observers evaluate that the bear market in XRP may have entered its final stages.
Price performance and latest situation
According to CoinDesk data, XRP was traded around $1.11 at the time of writing. The asset has lost nearly 40 percent of its value since the beginning of the year. In July last year, the price rose above $3.60.
XRP stands out as a crypto asset known for its cross-border payment-oriented structure. Recent data reveals that the price decline has led to a significant deterioration not only in market value but also in investor behavior.
