XRP Realized Profit-to-Loss Ratio Drops to 0.38 Amid Bearish Pressure

XRP's Realized Profit-to-Loss Ratio dropped to 0.38 on the 90-day timeframe as the altcoin's price remains trapped below $1.2, according to data from on-chain analytics platform Glassnode. The decline reflects mounting bearish pressure, with investors completing an increasing number of transactions at a loss compared to those realized in profit. For every dollar of loss being realized in the market, only 38 cents of profit are being taken, a complete inversion from the 2025 peak when the ratio reached level 50, meaning profit-takers overwhelmed loss sellers by a factor of 50x.

Glassnode Data Shows XRP Ratio Drop to 0.38

The XRP Realized Profit-to-Loss Ratio on the 90-day timeframe fell to 0.38, indicating a decrease in profitability among investors, according to a chart shared by Glassnode. The metric reflects a change in market mood and investor behavior, with an increasing number of transactions being completed at a loss compared to those realized in profit.

At the 2025 peak, the ratio reached level 50, implying that profit-takers were overwhelming loss sellers by a factor of 50x. Glassnode highlighted that when a ratio drops deep below 1, it reflects a market where the majority of participants who are moving coins are doing so at a loss.

Large Investors Lead XRP Spot Trading Since July 2022

XRP spot trading activity is being led by large investors or big whales, a dominance maintained since July 2022, according to data. These traders often lead spot trading in periods of accumulation phases rather than making significant orders during uptrend phases. Glassnode highlighted that the cohort has been leading spot trading very actively since October last year.

XRP is currently trading at $1.11.

XRP Reserves Decline on Upbit Exchange

XRP reserves on Korea-based trading platform Upbit appear to be slightly declining. Data analyst CW noted that in periods when XRP's reserves on Upbit grow, it has generally coincided with bearish trends, while decreases in reserves have displayed notable rallies.

FAQ

What is XRP's current Realized Profit-to-Loss Ratio?

XRP's Realized Profit-to-Loss Ratio dropped to 0.38 on the 90-day timeframe, according to Glassnode data. This means for every dollar of loss being realized in the market, only 38 cents of profit are being taken.

How does the current ratio compare to XRP's 2025 peak?

At the 2025 peak, XRP's Realized Profit-to-Loss Ratio reached level 50, meaning profit-takers overwhelmed loss sellers by a factor of 50x. The current 0.38 ratio represents a complete inversion of that dynamic.

Who is leading XRP spot trading activity?

Large investors or big whales are leading XRP spot trading activity, a dominance maintained since July 2022, according to data. Glassnode noted this cohort has been leading spot trading very actively since October last year.